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How fund managers are bracing for the UK election aftermath

With today's vote too close to call and the prospect of a hung parliament looming large, FN looks at how buyside firms have been preparing

How fund managers are bracing for the UK election aftermath

Even as voters flock to the polls the City is already looking past the immediate result of Thursday's UK general election and preparing for a potentially long period of instability.

Polls suggest a hung parliament is the most likely outcome, prompting fund managers to brace themselves for a chaotic post-election scramble and volatility in sterling and the gilt markets.

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