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

More on UK

UK inflation falls less than expected over March to 3.2%
UK

UK inflation falls less than expected over March to 3.2%

‘Signs of deeper persistence’

clock 17 April 2024 • 2 min read
Incoming BoE deputy governor Lombardelli: Bernanke review offers a 'great opportunity' to improve policymaking
UK

Incoming BoE deputy governor Lombardelli: Bernanke review offers a 'great opportunity' to improve policymaking

Treasury Committee hearing

Cristian Angeloni
clock 16 April 2024 • 3 min read
UK unemployment rate ticks up to 4.2% in cooling labour market
UK

UK unemployment rate ticks up to 4.2% in cooling labour market

Wage growth higher than expected

Valeria Martinez
clock 16 April 2024 • 2 min read
Trustpilot