Although financial gloom is everywhere and President Trump is triggering a rumpus with his 'America initially' method, the UK stock market remains unfazed.

Despite a couple of wobbles recently - and more to come as Trump rattles worldwide cages - both the FTSE100 and larger FTSE All-Share indices have actually been resilient.

Both are more than 13 per cent greater than this time last year - and close to tape highs.

Against this background of economic uncertainty, Trump rhetoric and near-market highs, it's hard to believe that any exceptional UK investment opportunities for patient investors exist - so called 'healing' circumstances, where there is potential for the share cost of specific companies to increase like a phoenix from the ashes.

But a band of fund supervisors is specialising in this contrarian type of investing: purchasing underestimated business in the expectation that gradually the marketplace will reflect their real worth.

This undervaluation might result from poor management leading to business errors