Investment - Articles - 26% of investors to increase exposure despite close election

 Only a tenth (11%) say they may reduce their investments in the UK market.

  

 The survey of investors, conducted over the May bank holiday weekend, reveals men are more likely to increase their investments in the UK (31%) compared to women (17%).

  

 Surprisingly, younger investors (aged between 18 and 34) are most buoyant about prospects for the UK market with over two-thirds (70%) saying they are likely to boost their UK exposure within their investments.

  

 Tom Stevenson, investment director at Fidelity Personal Investing, said:

 “It is often said that markets dislike uncertainty but the survey results show investors are remarkably relaxed about the outcome of tomorrow’s ‘too-close-to-call’ election. This goes some way to explaining the market’s recent resilience in the face of opinion polls showing the two major parties neck and neck.

  

 “Wide discussion of the many different possible outcomes means that investors are unlikely to be too surprised on Friday morning when markets open. Although a market wobble remains a possibility during the negotiations to form a government, so too does the opposite – a relief rally.”