Although economic gloom is all over and President Trump is causing a rumpus with his ‘America initially’ approach, the UK stock exchange remains unfazed.

Despite a few wobbles last week - and more to come as Trump rattles worldwide cages - both the FTSE100 and broader FTSE All-Share indices have actually been resistant.

Both are more than 13 percent greater than this time in 2015 - and near record highs.

Against this background of financial uncertainty, Trump rhetoric and near-market highs, it’s difficult to believe that any outstanding UK financial investment chances for patient financiers exist - so called ‘healing’ circumstances, where there is capacity for the share cost of particular companies to rise like a phoenix from the ashes.

But a band of fund supervisors is specialising in this contrarian type of investing: purchasing undervalued business in the expectation that with time the market will reflect their real worth.

This undervaluation might arise from poor management causing service errors