Two thirds of UK expats concerned over Brexit, says deVere
Two thirds of British expats in Europe have concerns over a possible ‘Brexit’, according to a new poll by financial advisory firm the deVere Group.
Brexit
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Investors ‘piling in’ to the dollar, says deVere’s Stanton
Investors are pinning their hopes on the dollar after sterling hit a nine-day high against the currency earlier this week and they will continue to do so over fears of a Brexit vote in June, says deVere group’s head of foreign exchange, James Stanton.
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Jersey prepares ground in event of Brexit vote
Jersey is working hard behind the scenes to shore up its position with the UK and European Union in the event of a vote in favour of Brexit at the UK referendum on 23 June.
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Half of advisers back Brexit, one in six still on the fence
Half of advisers (50%) would welcome Britain cutting ties with the EU while just over a third (34%) want the UK to remain in Europe, according to a survey from financial services technology company Intelliflo.
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Over two-thirds of IFAs favour the UK staying in EU – GAM
More than two-thirds of IFAs, or 69%, are in favour of the United Kingdom remaining in the European Union, according to an IFA survey conducted by GAM.
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Poor market performance biggest fear for UK IFAs
Nearly two thirds of advisers in the UK fear that poor market performance is the biggest hurdle they will face this year, according to a poll conducted by investment platform Cofunds.
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FTSE 250 would underperform after Brexit, says UBS Wealth
UBS Wealth Management has warned that significant parts of the FTSE 250 index would be likely to underperform in the aftermath of a British exit from the European Union.
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Rathbones: Asset managers will suffer under Brexit
The hyperbole is in full swing, with even The Queen backing Brexit according to The Sun. A more erudite view perhaps comes from Rathbones’ five common ‘myths’ around a potential exit from the EU.
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Vote for Brexit to bash Brussels bureaucrats – Varoufakis
Yanis Varoufakis would find it hard to resist voting for Brexit if he were British, he said at a Pan-European Congress hosted by International Adviser’s sister publication Expert Investor in Rome last Friday. However, his wish is not going to materialise, congress delegates believe.
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Brexit would negatively affect UK retail demand – Investec
While a vote to leave the European Union would likely be negative for UK retail demand, the sector is more resilient than many others, according to Investec.
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UK corporate credit starting to be hit by Brexit – Bluebay
The British pound is “not the only casualty” of uncertainty resulting from the upcoming referendum on whether to remain or leave the European Union, according to head of credit strategy at BlueBay Asset Management, David Riley.
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Brexit: Bigger risk than reward – BlackRock
A Brexit, where the UK votes to leave the EU, offers a lot of risk with little obvious reward, according to the world’s largest fund manager BlackRock.