U.K. Investors Vote Against Uncertainty
Equities popped after Prime Minister Cameron retained power, but valuations may be getting overstuffed, writes Morningstar U.K.'s Emma Wall.
Note: This article is part of Morningstar's May 2015 International Investing Week special report.
The United Kingdom has a new political party in power--and it's not the result many investors were expecting. On May 7, the British people went into polling booths across the nation and, on May 8, a majority Conservative government was in power. Investors in U.K. equities rejoiced.