UK equity allocations surge to pre-Brexit referendum levels

Covid vaccinations a key factor

clock • 2 min read

Investors have flooded back to UK equities with allocations in the first quarter of 2021 returning to levels last seen before the Brexit referendum five years ago, according to data from Harrington Cooper.

The firm's proprietary asset allocation tracker revealed that allocations to equities overall rose by 3.4% on a relative basis in Q1 with stocks now making up 58.4% of balanced portfolios. Within these allocations, UK equities were most in favour. Harrington Cooper commented: "UK equities are clearly back in focus now Brexit uncertainty has passed, and signs of a successful vaccine rollout is stoking investor optimism in a strong Covid recovery for the UK." The significance of a country's ability to counteract Covid levels still has a clear impact on investor sentiment. During the ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Equities

Partner Insight: Attractive yields but narrow spreads - The credit dilemma

Partner Insight: Attractive yields but narrow spreads - The credit dilemma

Arif Husain, Head of International Fixed Income and Chief Investment Officer, Fixed Income at T. Rowe Price
clock 14 February 2024 • 4 min read
Partner Insight: US SMID - Seven questions answered

Partner Insight: US SMID - Seven questions answered

After a bumpy 2023, small- and medium-sized US companies are now in a good place to outperform in 2024, argues fund manager Mark Sherlock.

Federated Hermes
clock 12 February 2024 • 6 min read
Equity funds gather highest inflows in three years as investor confidence returns

Equity funds gather highest inflows in three years as investor confidence returns

Calastone Fund Flows index

clock 07 February 2024 • 3 min read
Trustpilot