Election Stakes Build as U.K. Stocks Rally Most Since Thatcher
Bigger Picture for U.K. Is Good Growth: Bhandari
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Investors are taking precautions against losses amid the FTSE 100 Index’s biggest election-year rally since Margaret Thatcher won a third term in 1987.
The cost of hedging the equity benchmark climbed to the highest since August 2013 last week versus European equities. And the two biggest ETFs tracking U.K. stocks saw outflows of more than $708 million this year.