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Analysis: History shows UK markets lag briefly around polls - but beware of Brexit

Reuters  |  LONDON 

By Jamie McGeeverLONDON (Reuters) - History shows British financial markets lag around election time, albeit not for long, but investors seeking parallels for next month's vote must beware of Brexit.For decades stocks have particularly underperformed other world markets in the months following British parliamentary elections, and the 2001 and 2005 polls - which produced the kind of decisive result that markets also expect this time - may offer the best guidance.With three weeks to go, analysis by Switzerland's UBS Wealth Management shows that the average underperformance of UK stocks against ...

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First Published: Thu, May 18 2017. 19:40 IST