Many fund managers had pre-written there post-election reports ready to be distributed to investors on Monday morning assuming that Labor would waltz in. The betting markets had Labor at strong odds, which many assumed was a better indicator than polls as those betting tend to be more honest in their views when their own capital is at risk.
Many fund managers had pre-written there post-election reports ready to be distributed to investors on Monday morning assuming that Labor would waltz in. The betting markets had Labor at strong odds, which many assumed was a better indicator than polls as those betting tend to be more honest in their views when their own capital is at risk. In this week’s TT we look at the impact of a Coalition government on the share market with Hugh Dive from Atlas Funds Management.
