Private investors are unimpressed by the general election result according to the latest Gartmore survey of professional and active investors.
Only three in ten (30%) private investors think that Labour’s third term will have a positive effect on the economy, however research also suggests a similar number feel it will prove negative, according to Gartmore. Perhaps most significantly in relation to party distinction, 39% are remaining completely ambivalent towards who is in power and their relationship to the economy. Brian Gallagher, senior investment manager of UK Equities at Gartmore comments on the election result: "In truth, the general election is of limited relevance to equity investors these days. Only a hung parli...
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