2019 General Election: Is a wall of cash waiting for election outcome?

Brexit still the overarching issue influencing voters

clock • 2 min read

A 'Santa rally' of market optimism and optimism over Brexit being done could follow a Conservative victory, argues Lee Wild, head of equity strategy at Interactive Investor.

A 'Santa rally' of market optimism and optimism over Brexit being done could follow a Conservative victory, argues Lee Wild, head of equity strategy at Interactive Investor. Since the UK referendum three-and-a-half long years ago, investors have been steadily increasing their cash levels - and Brexit uncertainty is likely to be part of the story. The latest interactive investor flash election poll (see gallery, above), conducted between 6-9 December 2019 among 615 customers, suggests an election 'bounce' - if there is one, and anything is possible - might see more cash balances being ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot