Poll: British funds add to stocks, see faster growth in 2017

British investment funds picked up more equities in December on expectations that increased spending by some governments would drive an acceleration in economic growth, benefiting everything from banks to construction firms. Reuters' monthly survey of 13 UK-based investors, carried out from Dec. 15 to 21, showed funds increased their equity holdings to 45.4 percent, up one percentage point from November, and trimmed their cash positions to 7.5 percent from 9.6 percent. U.S. President-elect Donal