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Investors unimpressed by election result

A third of investors feel the general election result is negative according to research from Gartmore.
The survey of professional and active investors, in conjunction with Citywire, shows only 30 per cent think Labours third term will have a positive effect on the economy.
29 per cent believe it will have a negative effect and 39 per cent remain completely ambivalent towards who is in power and their relationship with the economy.
Gartmore senior investment manager UK equities Brian Gallagher says: “In truth, the general election is of limited relevance to equity investors these days. Only a hung parliament was ever likely to provoke a significant reaction.”

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