Here’s what they’re buying

The U.K. has been beset by political and economic instability in recent months, but as the investment environment undergoes a fundamental transition, investors see opportunity. The makeup of the U.K.’s FTSE 100 differs considerably from many major developed markets, in that it is heavily-weighted toward consumer staples, financials and materials, but contains very little by way of the growth-oriented sectors such as technology that have benefited from the era of ultra-low interest rates. Global financial markets have endured a brutal year against the backdrop of Russia’s war in Ukraine and the aftermath of Covid-19, including supply bottlenecks linked to persistent…