Now the dust appears to be settling and markets calming down a little after the EU referendum, Gary Potter outlines the thoughts of the F&C Multi-Manager Solutions team
There have certainly been some significant market and political reactions to and interpretations of the Brexit vote. For the purposes of this article, however, we will confine our comments to market issues, which seem to us to centre on sterling, UK property investments and the more immediate performance of the mid and small-cap segments of the market. It is these areas that seem to have taken the brunt of the reaction. Before we look at these individually, it is worth offering some longer-term perspective on the situation. Although all investors seem to have elevated the Brexit vote int...
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