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

Despite a few wobbles recently - and more to come as Trump rattles international cages - both the FTSE100 and wider FTSE All-Share indices have been resistant.

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

Against this backdrop of financial uncertainty, Trump rhetoric and near-market highs, it's tough to think that any exceptional UK financial investment chances for patient investors exist - so called 'healing' circumstances, where there is potential for the share rate of particular companies 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 over time the market will show their real worth.

This undervaluation may result from bad management leading to business errors