Why do UK equities remain so much cheaper than global markets? Laura Foll explains that the UK is trading at around a 35% discount to the MSCI World – considerably wider than its more typical discount of approximately 15%. She argues that the valuation gap, which widened around the 2016 Brexit referendum, could present opportunities to invest in well-managed, cash-generative UK companies at lower valuations than overseas peers. Is the UK market being overlooked – or is the discount justified? For information and education only. This is not investment advice. The value of investments and income can fall as well as rise, and investors may get back less than they invest. Watch the full Investment Trust Forum 2026 here: https://youtu.be/f4KLxum5jcI #QuotedData #UKEquities #ValueInvesting #InvestmentTrusts