Investor confidence in UK shares rose at the start of February, according to the latest Lloyds Bank Private Banking Investor Sentiment Index, to reach its highest point in the survey's one year history.
The index - which shows the difference between those who hold a positive view and those who hold a negative view each month for each type of investment - shows that net sentiment among investors in UK equities increased to +40 at the start of the month, up 2% from January, with 48% of respondents holding a positive view and 8% holding a negative one. This is in sharp contrast to the start of the survey in March 2013, when the figure was +16, with only 34% positive view and 17% negative. However, the index shows there was a small flight to safety away from Japan and emerging markets in...
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