Opportunities in UK post-election

Labour has shifted significantly to the centre of the political spectrum, signalled by its policy statements and election manifesto. Further, investment markets have power over governments that rely on bond market financing. If Labour moved to increase the UK budget deficit further, a similar bond market reaction would likely ensue. This is why Sir Keir and his shadow finance minister Rachel Reeves preached a message of fiscal prudence throughout the election campaign. Read more from Allianz Global Investors on the current stability in the UK contrasts with the political volatility elsewhere...