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Post UK Brexit Vote – Market Update

Post UK Brexit Vote – Market Update

As is very obvious from today’s movements in financial markets, the result of yesterday’s in/out EU referendum in the UK has come as something of a shock to most investors, ourselves included! In addition to the Pound’s sizeable decline on the foreign exchanges – reported as being its largest daily move ever – sharp sell-offs across the UK equity

Brexit jitters drag down house prices – RLAM

Brexit jitters drag down house prices – RLAM

House prices could drop by 5% over the coming year due to uncertainty around the EU referendum, said Trevor Greetham, head of multi-asset at Royal London Asset Management.  “RLAM suspects the upcoming EU referendum is having a large negative impact on sentiment here and elsewhere too, as the economic uncertainty deters would-be-buyers.” Read entire article

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