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U.K. Investors Vote Against Uncertainty

Equities popped after Prime Minister Cameron retained power, but valuations may be getting overstuffed, writes Morningstar U.K.'s Emma Wall.

Note: This article is part of Morningstar's May 2015 International Investing Week special report.

The United Kingdom has a new political party in power--and it's not the result many investors were expecting. On May 7, the British people went into polling booths across the nation and, on May 8, a majority Conservative government was in power. Investors in U.K. equities rejoiced.