Should Investors Worry About Jeremy Corbyn?

Some fund managers think that if a Corbyn Government were to nationalise certain industries, the outcome for investors would not be catastrophic

David Brenchley 26 October, 2018 | 2:03PM

Jeremy Corbyn

A Jeremy Corbyn Government is a worry for markets, but might not be as bad for equity and bond holders as some believe, according to fund managers.

Sentiment towards the UK is currently weighed on by Brexit uncertainty. But some have suggested the fall of Theresa May’s Conservative Government and potential replacement with Labour leader Corbyn’s socialist agenda could pose a far greater threat to UK assets.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
L&G Fixed Interest I Acc169.20 GBP0.12
Legg Mason IF RARE Gbl Infras Inc X Inc1.13 GBP0.27
Pennon Group PLC1,057.50 GBP0.00
SSE PLC1,190.00 GBP0.00
The Royal Bank of Scotland Group PLC99.62 GBP0.00
United Utilities Group PLC872.00 GBP0.00

About Author

David Brenchley

David Brenchley  is a Reporter for Morningstar.co.uk

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