Alasdair Haynes, founder and CEO of Aquis Exchange, anticipates a “tidal wave of international investment” to come to the UK following the July general election which saw the Labour Party form a new government.
Speaking on eToro’s Digest & Invest podcast this week, Haynes discussed his optimistic outlook for the UK market for the next five to ten years.
Alasdair Haynes said: "At this point in time, I'm extremely bullish about what's going to happen in the UK and what's going to happen in Europe. The UK in particular, I think, has been a very, very cheap market and it hasn't been invested in because it hasn't had a stable government for a number of years.
“Regardless of how you voted in the last general election, now it looks like we actually have a stable government with a significant majority. I think that is going to open the doors for literally a tidal wave of international investment to be able to come into the UK. The capital will arrive not only domestically, which it has been in the past few years, but actually internationally and particularly from the United States.”
During the interview, Haynes also discussed the need to invigorate retail investing and an interest in markets in the UK. He added: “We need to get the public back into public markets… The appetite and interest in equity [in the US] is huge, and we don't have that here.
“[Aquis Exchange] is about bringing competition into our industry to change UK capital markets. It's through that that we can start to get scale-up capital to vitally important businesses to change the economy in the UK.”
The Digest & Invest podcast offers listeners financial news and market insights in a fun and digestible format. You can listen to the interview with Alasdair Haynes here.
