Business1 outlet
Invesco and Rathbones Cut Gilts on UK Exposure to Politics, Oil
Major fund managers including Invesco, Ninety One, Rathbones, and W1M Group are reducing their holdings of UK government gilts due to concerns over inflation and political instability. This shift reflects diminishing confidence in the UK's economic and political environment, prompting these asset managers to reallocate their investments elsewhere.
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