April 20th, 2015
Promises, promises and yet more promises, A General Election is upon us and the investment outlook has probably never been more polarised. As the bookies’ odds on the election outcome show, both main parties are running close and any polls favouring one party have been reversing fairly quickly. For investors, whether in equities, bonds or even capital projects, the extreme rhetoric from some politicians directed to stir disaffected grass roots voters has created a highly-charged and nervous investment environment in the run-up to the 7th May Election Day. However, as the accompanying chart shows, despite the uncertainty, the FTSE 100 and the 250 Indices have broken up to new highs since the start of the year.