Conservative Government best and worst for equities - Fidelity

Equity investors have enjoyed their best and worst annual returns under a Conservative Prime Minister, Fidelity research shows.

As the political parties gear up for a 6 May General Election, Fidelity's analysis of UK capital market returns found Winston Churchill's third term in the 1950s returned 19.66% for equity investors, while Neville Chamberlain's time in office at the end of the 1930s saw a fall of -11.47%. Bond investors saw a similar pattern, enjoying the best and worst returns under Labour Prime Ministers, the firm says. They reached a high of 15.84% during the second and third terms of Ramsay MacDonald in the wake of the Wall Street crash and a low of -13.13% during Harold Wilson's second term in the 1...