Election May Be Least of U.K. Investors’ Woes as Growth Caves in
- Allianz warns of investor complacency over longer-term risks
- Manulife Investment Management is underweight U.K. stocks
This article is for subscribers only.
With all the focus on getting the positioning right for next month’s U.K. election, investors may be overlooking bigger threats beyond.
Even as optimism grows that Prime Minister Boris Johnson’s party will win the vote and see through a market-friendly Brexit deal, a floundering economy and the prospect of fraught trade talks with the European Union are unnerving some. Allianz Global Investors warns against “complacency” and Algebris Investments sees the pound staying under pressure in the longer term.