Vantage: Exploring catalysts for unlocking valuations with Premier Miton’s Gervais Williams

Vantage: Exploring catalysts for unlocking valuations with Premier Miton’s Gervais Williams

Gervais Williams, head of equities at Premier Miton, returns to Vantage. A long-term advocate of the opportunity in UK small and mid-cap stocks, Gervais discusses the low valuations in the UK market and what might unlock these. He talks about the recent UK budget, the spate of UK takeovers and what he means by having optionality in the portfolio. We explore his approach, discussing CyanConnode Holdings (CYAN.L, market cap £32m), Ondo InsurTech (ONDO.L, market cap £19m), XPS Pensions Group (XPS.L, market cap £473m), TP ICAP Group (TCAP.L, market cap £1.69bn) and Concurrent Technologies (CNC.L, market cap £80m). Finally, we give Gervais the soapbox and ask him what three things he would like to see changed to revitalise the UK market.


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