Market's view on BT
Published on April 2024
- Stock watchers discuss Brexit and UK pension funds’ role in investing in national markets, noting that other countries’ pension funds are duty-bound to invest dominantly in their markets.
- Concerns are raised about the undervaluation of UK-listed firms, making them potential targets for foreign takeovers, including the risk that the UK government could intervene in cases like potential bids for BT due to financial issues facing parties like Draghi.
- The impact of Brexit on the UK’s financial market is debated, with some watchers arguing it has diminished London’s standing as a global financial hub, while others hope for closer EU ties under new political leadership.
- Frustration is voiced over the perceived inaction of the UK government as companies leave the London Stock Exchange due to undervaluation.
- The management and structural inefficiencies at large corporations such as BT are criticized, with suggestions that new advisory roles or third-party involvement might bring needed change.
- The efficacy of investing in ETFs as opposed to individual stocks is discussed, highlighting the benefits of sector ETFs in diversifying investment risks.