Analysis-Foreign investors are warming to London’s unloved stocks
By Amanda Cooper and Lucy Raitano
LONDON (Reuters) -Britain’s stock market finally appears to be reversing years of underperformance against the rest of Europe, as a UK/U.S. trade deal, lighter regulation and cheap stocks deliver juicy returns that are starting to attract foreign investors.
The FTSE 100 has gained nearly 10% this year to hit record highs this week, beating the STOXX 600, which is up 7.5%.
On a year-to-date basis, London’s blue-chip index has performed better than its European counterpart for the last six weeks, its longest such stretch since late 2022, when a weak pound beefed up revenues for the export-focused FTSE.
This week, the financial regulator said it will roll out new rules to boost Britain’s…
