Rathbones Cut Gilt Exposure in Case Burnham ‘Does a Truss’

🇬🇧 Bloomberg (GB) —

AI Summary

Rathbones Asset Management has reduced its exposure to UK government bonds citing concerns that increased spending and borrowing by Andy Burnham could lead to a selloff. This adjustment reflects strategic positioning in anticipation of potential market shifts influenced by UK fiscal policies.

Rathbones Asset Management has reduced its holdings of UK government bonds to avoid a potential selloff if Andy Burnham boosts spending and raises borrowing.

Markets Rathbones UK government bonds asset management borrowing market selloff Andy Burnham

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