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Wealth managers dismiss ‘little local’ UK election

Richard Stammers, investment director at European Wealth said: “The problem is it just increases uncertainty in the medium and long term.

“More importantly, economically we are at a not particularly great position, things have slowed down. We are a little bit wary.”

Wellian Investment Management’s CIO Richard Philbin agreed that the election was not the biggest issue facing investors and that for him, it was a case of “keep calm and see what happens”.

Louise Hill

Louise joined Portfolio Adviser in December 2016 as one of the editorial team’s news reporters based in London. Originally from Liverpool, she is an NCTJ-qualified journalist and began her career in...

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