Stick with banks and cyclical stocks in run-up to UK vote-OMGI's Buxton

April 9, 2015 5:48 PM

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LONDON, April 9 (Reuters) - Investors should hold on to banks and cyclical stocks and use any panic selling around the May 7 UK election to buy up more shares, said one of Britain's best-known fund managers.

Richard Buxton, head of UK equities at Old Mutual Global Investors (OMGI), said he expected the vote next month to result in a continuation of the current Conservative/Liberal Democrat coalition.

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