Investors have remained bullish on the UK despite the political noise caused by the outcome of the snap election, according to the Lloyds Bank Investor Sentiment index.
In June, sentiment towards UK equities rose by 4.82 percentage points to 13.5%, while on a 12-month view it is up 7.04 percentage points, highlighting investor confidence on the prospects of the UK. Investors seem to remain "unconcerned" about Brexit negotiations and the General Election result on 9 June, when Prime Minister Theresa May failed to secure a majority. Markus Stadlmann, CIO at Lloyds Private Banking, said: "Although our index takes a global perspective, the more interesting angles this month are playing out closest to home. "If we look at UK equities, investors are unc...
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