A 22-minute watch.    

Andrew Herberts, investment director, Canaccord Genuity Wealth Management, talks with Gary Shepherd about why UK equities, in particular value stocks, can still offer a great contrarian opportunity for investors, but are not without their risks. 

He explains how in a typically falling interest rate environment, it is growth stocks that are going to outperform, but we can expect a “snap back” in styles at some point in the future… the question is when.

Andrew became an employee of Canaccord Genuity through its acquisition of Thomas Miller Investment earlier this year, and he gives insight into the challenge of combining processes and resources.

“There is an awful lot of research and analysis going on at Canaccord, and when you go into a big organisation one of the keys is to look around, find out who the right people with the ideas are and take it from there,” he explains.

In discussion of a wide range of topics, Andrew also talks through why he taken a more defensive stance in portfolios, and why communication and transparency are vital if the funds industry is going to move on from the Woodford illiquidity saga.

For more videos from this week, we have our new series on investing, as well as 3 Question from James Calder, and Ken Wotton on micro cap.