Exchange traded funds tracking U.K. equities surged Friday, a day after voters embraced incumbent Prime Minister David Cameron at the polls. The Conservative Party's surprisingly robust victory was "a cry for policies that are pro-growth," said Nick Kalivas, senior equity product strategist for ETF provider Invesco PowerShares. Cameron has pledged tax cuts and is expected to institute fiscal consolidation measures. "That's why the markets are
Friday 8 May 2015
'A Cry For Growth': U.K. ETFs Spike On Cameron Win
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Exchange traded funds tracking U.K. equities surged Friday, a day after voters embraced incumbent Prime Minister David Cameron at the polls. The Conservative Party's surprisingly robust victory was "a cry for policies that are pro-growth," said Nick Kalivas, senior equity product strategist for ETF provider Invesco PowerShares. Cameron has pledged tax cuts and is expected to institute fiscal consolidation measures. "That's why the markets are
Exchange traded funds tracking U.K. equities surged Friday, a day after voters embraced incumbent Prime Minister David Cameron at the polls. The Conservative Party's surprisingly robust victory was "a cry for policies that are pro-growth," said Nick Kalivas, senior equity product strategist for ETF provider Invesco PowerShares. Cameron has pledged tax cuts and is expected to institute fiscal consolidation measures. "That's why the markets are
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