James Phillipps

Brexit wipes $1.5 trillion off UK wealth

The post-Brexit vote collapse in sterling has wiped $1.5 trillion (£1.2 trillion) off UK wealth, according to Credit Suisse. The Swiss bank’s Global Wealth Report said that following the pound’s 16% slide against the greenback, the number of dollar millionaires has fallen by 406,000 since the EU referendum result. Michael O’Sullivan, Credit Suisse’s international wealth chief

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The MitonOptimal group of companies are independent multi-asset investment managers, majority-owned by our management and directors. We employ over 40 staff across offices in Guernsey, South Africa and the United Kingdom. Our primary business focus is the delivery of Discretionary Investment Management and Client Portfolio Management services to a global client base of intermediary and private clients, as well as a range of regulated funds.