“There has been a severe jolt to investor confidence since the invasion of Ukraine, as sanctions have been slapped on Russia, and commodity prices roared upwards. The HL survey shows that confidence in all global sectors has plummeted, with confidence in Europe suffering the worst fall in March, plunging by more than a third as the devastating events have unfolded. Worries about the repercussions of higher oil and grain prices for global emerging markets are also likely to be behind the 26% fall in confidence for this sector. Confidence in the UK has dropped by more than a fifth (22%) as inves…
