Investors Are Overweight UK Stocks for First Time Since 2021
- Net 2% of stockpickers take bullish stance on UK, BofA says
- Low tech weighting, political stability benefit London shares
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For the first time in more than three years, investors that are bullish on UK equities outnumber those that are bearish.
A net 2% of investors surveyed by Bank of America Corp. say they are overweight UK equities in a global context, the first positive reading since June 2021, strategists including Andreas Bruckner said in a note to clients.