Foreign investors have bigger worries than UK elections

Foreign investors have bigger worries than UK elections
 

A surprise call for a UK election has barely ruffled feathers among foreign investors, who have pumped money back into British stocks after last year's sterling slide following the Brexit referendum spurred a rush for the exits.
More than half the money pulled from offshore UK-focused funds last year had returned as of end-March, Thomson Reuters Lipper data showed, as a stabilising pound, a brighter earnings outlook and a global rally in commodity-related and financial stocks lured investors back into UK shares.
While Prime Minister Theresa May's announcement this week of a snap election... read more

 
21 April 2017 in Business, Views: 57
Source: Reuters
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