IG Prime: 96% of UK hedge fund managers favour UK stocks

Despite growth in global markets

UK hedge fund managers markedly preferred UK stocks over other market locations in 2021, according to a survey from IG Prime, which revealed 96% of UK hedge fund managers thought the asset class was more successful in the UK.

The preference emerged despite data from Trading Economics market platform suggesting other countries had enjoyed substantial equity market growth year-on-year (YoY). In the Americas, for example, Argentina had year-on-year growth of 91.4%, while in Europe, Turkish equity markets grew 74.6% and in Asia, the UAE's markets grew 66.8%. UK stock market year-on-year growth currently stands at 9%, according Trading Economics. "Although markets like the US have significantly outpaced the UK, ‘safe' investments that managers feel more confident will produce a return are likely to be priori...