Fears Over Banking Sector Have Scared Investors Off Uk Companies Analysis
The Herald › November 19, 2009
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Summary
JUST weeks after the latest round of bail-outs for troubled Royal Bank of Scotland and Lloyds Banking Group, concerns about the sector's stability appears to be deterring investors from buying shares in British companies.
Analysis published by Bank of America Merrill Lynch yesterday showed that fund managers who invest in Europe remain substantially underweight the UK. This has been the case since the financial crisis started in 2007.See the full content of this document
Extract
Fears Over Banking Sector Have Scared Investors Off Uk Companies Analysis
Gary Baker, head of European equity strategy at BofA Merrill Lynch Global Research, said: "Faith in UK banks is probably the most negative of any region in the world.
"I think in many cases, if you look at how confidence in the macro picture ha...See the full content of this document
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