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Geoff Birch

Financial > Geoff Birch

Geoff Birch

Expat Investment Trust Opportunities After The Brexit Vote


Geoff Birch

The papers have been full this year of Brexit and like many others I confess I was somewhat shocked on the morning of 24th of June to read that the UK had actually voted for Brexit. When I had gone to bed Nigel Farage was quoted as saying “I think Remain has just edged it”, and I thought so too. I had to read the BBC website headlines three times when I logged on it the morning just to take it in.

So markets initially plummeted but now most of the doom and gloom that was forecast has not actually come to pass at all. Sterling took a dip and that only spurred British companies stock prices higher due to higher overseas earnings to be repatriated in GBP. What it also did for us though is throw up a number of opportunities in the investment trust field.    more ...