Election 2010: Managers say markets will remain resilient through campaign

With Gordon Brown announcing a 6 May Election date this week, many investors remain concerned about the impact scenarios such as a hung parliament would have on equities and the broader markets. However, Schroders' head of UK equities Richard Buxton says, despite a consensus view suggesting rising gilt yields and falling equities in the lead-up to the polls, he expects the surprise scenario of a market "quietly ignoring" the campaign. "As markets traditionally hate uncertainty, it would be no surprise if equities were indeed nervous and weak ahead of the Election. But the Election is ...