Although economic gloom is everywhere and President Trump is causing a rumpus with his 'America first' method, the UK stock exchange remains unfazed.

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

Both are more than 13 percent higher than this time in 2015 - and close to record highs.

Against this backdrop of financial uncertainty, Trump rhetoric and near-market highs, it's tough to think that any outstanding UK financial investment chances for patient investors exist - so called 'healing' situations, where there is potential for the share rate of particular business to rise like a phoenix from the ashes.

But a band of fund managers is specialising in this contrarian kind of investing: purchasing undervalued business in the expectation that gradually the marketplace will show their true worth.

This undervaluation may arise from poor management resulting in business mistakes