Bestinvest warns against over-optimism in UK political deal

Senior investment adviser at the company Adrian Lowcock says he has spoken to many investors who are making decisions in a mood of renewed confidence, following the absence of an expected fall in the markets in the case of a hung parliament. But he is urging people not to react from a UK-centric perspective, because while the Tory-Lib coalition may have brought a degree of political stability to Britain, he says global events will have a much bigger impact on world stock markets and the picture abroad is still one of acute fragility. He says: "A lot of people thought the recent market...