Expat investing sentiment toward UK equities improved

Expat investing sentiment toward UK equities improved after FTSE 100 surpassed 8,000 points for the first time, bolstered by banking sector earnings. GBP stability against USD has kept returns consistent for dollar-based expats, with lower political risk factored in. My book centers on Dara, a British-Nigerian lawyer who has invested everything into making partner; Amaka, a banker who uses a shopping addiction to run from the stress of her family strife; and Lillian, a Nigerian-American pianist whose marriage is falling apart. This shift highlights growing interest among expats in securing UK homes for personal use alongside continued investment demand. Expat investing in Q2 2024 shows robust gains in US tech stocks, with the Nasdaq climbing 4.8% in April as foreign investors increased allocations to AI-driven companies. Currency hedging has become a critical tactic, given the USD’s 2% appreciation against the euro in recent weeks, impacting overall portfolio returns.