• Account Access
  • Contact Us

    Pre-Sales Support

    Mutual Funds and ETFs - 800-456-7526
    Monday-Thursday: 8:00 a.m. – 6:00 p.m. ET
    Friday: 8:00 a.m. – 5:00 p.m. ET

    ETF Trading Support - 415-315-6600
    Monday-Friday: 9:30 a.m. – 5:00 p.m. ET

    Post-Sales and Website Support
    Monday-Friday: 9:00 a.m. - 6:00 p.m. ET

  • Advisor Log In

What Does the Conservatives’ Victory Mean for the UK Economy and Markets?

December 2019 
By Azad Zangana and Sue Noffke

The large majority win for Boris Johnson’s Conservative party saw the pound and UK shares react positively, as investors welcomed greater clarity on the policy backdrop.

Azad Zangana
Senior European Economist and Strategist, Schroder Investment Management
Sue Noffke
Head of UK Equities for Schroder Investment Management


Key points:
  • The pound climbed against other major currencies and stock markets gained as the scale of the Conservative win removed policy uncertainty.
  • Within UK equities, companies whose operations focus on the UK were among the main gainers.
  • Signs of progress on US-China trade also provided support for shares.

Important Risks: Investing involves risk, including the possible loss of principal. • Foreign investments may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political and economic developments.