Irish vote triggers risk premia hikes

Jonathan Boyd
clock • 4 min read

Noel O'Halloran, CIO at KBI Global Investors in Dublin, has said the key impact of the unexpected gains made by Sinn Féin (SF) in the general election in Ireland could be felt by domestic banks and property related businesses, suggesting that the market reacted rationally when it sold down shares in such companies through Monday 10 February. Speaking later on that Monday, while the final count for seats in the country's Dáil Éireann, the lower house of Parliament, were still ongoing according to the single transferable vote system of proportional representation, O'Halloran noted that whi...

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Jonathan Boyd
Author spotlight

Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.