Boris boost for equity funds as almost £4bn is invested after election

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Boris boost for equity funds as almost £4bn is invested after Conservatives’ election triumph

By Daily Mail City & Finance Reporter

Published: | Updated:

Boris Johnson and the Conservatives campaigned on a promise to get the UK out of the EU by January 31

Almost £4billion has flowed back into UK equity funds after Boris Johnson’s election triumph, according to new data.

The cash boost comes after analysts said certainty around Brexit had been restored following the decisive Conservative victory earlier this month.

During the campaign and the week afterwards, £3.8billion of investment was ploughed into London-listed stocks, EPFR Global said. 

It was the strongest wave of investment since the second half of 2015, before the EU referendum.

Johnson and the Conservatives campaigned on a promise to get the UK out of the EU by January 31, and to negotiate a trade deal by the end of next year.

It helped to secure the Tories a parliamentary majority of 80 MPs, giving them a free hand to press ahead with Brexit.

 

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