Apparently, there will be a vote later this year about the UK’s future relationship with the EU! A number of publicly quoted fund houses have stated that they do not expect Brexit to have a significant impact on their businesses. 

Some analysts disagree. The FT quotes Guy Sears, the interim Chief Executive of the IA as expressing deep concern over a vote to leave. Analysts at Morgan Stanley have identified firms most “at risk” and Liberum put out a note suggesting a “brave face” being put up by leaders of some London headquartered investment firms.

Lets hope we don’t have to find out who is right.