Is the UK still a contrarian bet for DFMs?
The wave of uncertainty unleashed by the Brexit referendum on 23 June 2016 has crashed over the UK’s domestic economy and stockmarket, leaving fund selectors wondering if now is a good time to invest in UK assets.
Since the vote, politicians have been playing fast and loose with the country’s future: the European Union withdrawal agreement has been rejected three times and the date of departure has been pushed back – yet again – to 31 October 2019. This has left the country’s fate unclear.
