Fund managers increase exposure to 'hammered' UK financials sector

'Brexit fog to clear':

Tom Eckett
Experts argue UK markets will rally as more clarity on a Brexit deal emerges

Experts argue UK markets will rally as more clarity on a Brexit deal emerges

UK fund managers are positioning their portfolios for a rally in financials later this year amid predictions a Brexit deal will finally be agreed between the UK and the EU, paving the way for higher interest rates.

Although it was expected the Bank of England (BoE) would follow the Federal Reserve's path in hiking rates this year, growing concerns around the Brexit negotiations prompted analysts to rein in ra...

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