'This is the result markets feared': Industry reacts to General Election outcome

'Potential second referendum'

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May and Corbyn in a hung parliament: 'The results the markets feared'. Photos: Jim Mattis/Chatham House/Creative Commons CC BY2.0
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May and Corbyn in a hung parliament: 'The results the markets feared'. Photos: Jim Mattis/Chatham House/Creative Commons CC BY2.0

As the UK wakes up to another hung parliament, the industry has begun reacting to a "truly disastrous result" for the Conservatives, while speculating on the market impact following the UK General Election 2017.

Below, Investment Week has put together some commentary from key industry figures on what the outcome of the election means for the financial markets, what the key issues will be going forward, and the reasons it all went so wrong for the Conservatives. Simon Brazier, manager of the Investec UK Alpha fund: "This was unexpected but I do not think the market reaction will be like the aftermath of Brexit. We may seem some short-term volatility in sterling and UK domestics, we had enough nucertainty in the world before, but I think overall it will be relatively muted. "The issue for me ...

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