Nationalisation: navigating political risk in the utility sector
With politics again to the fore and a possible election within 12 months, Matthew Franklin, Senior Credit Analyst at Royal London Asset Management discusses Labour’s commitment to nationalise the regulated utilities and why we believe bondholders should be safe.
Past performance is not a reliable indicator of future results. The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not get back the amount originally invested. The views expressed are the author’s own and do not constitute investment advice.
Senior Credit Analyst