Wealth managers reveal their key calls after May announces snap election

Geopolitical risks

clock • 5 min read

Fund buyers have unveiled their top investment ideas as geopolitical tensions rise and Britain prepares for a snap General Election in June, with many raising defensive positioning to mitigate risks.

The beginning of Q1 saw the stockmarkets riding high on the back of President Donald Trump's promises to boost growth. However, markets then faltered amid growing geopolitical tensions in Syria and North Korea, Trump's inability to repeal Obamacare, and worries about the French election. Meanwhile, the surprise UK General Election called by Prime Minister Theresa May for 8 June added further uncertainty, with the FTSE 100 down 2.5% on the day of the announcement. Commentators are now predicting a period of geopolitical uncertainty, although equities enjoyed a relief rally following...

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