President Romney preferred by markets

Republican promises of debt reduction, light-touch regulation and lower taxes appeal to investors, according to research by Barclays.

President Romney preferred by markets
Mitt Romney and Paul Ryan: US investors are hoping for a Republican win

Investors in the US seem to prefer Mitt Romney for the presidency, according to a survey carried out by Barclays last week, though congressional deadlock is a worry under both candidates.

Based on the responses of more than 350 investors in Canada, the US and Europe, responsible for managing $10 trillion of client money, the prevailing view was that equities would rally if Romney triumphs over Barack Obama next week.

“Investors seem...

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