Jun 28, 2016  | Tags: Brexit, Investment

On June 23, citizens of the United Kingdom voted to leave the European Union. While there has been much speculation leading up to and since the vote, many of the longer-term implications of the referendum remain unclear, as the process for negotiating what a UK exit may look like are just beginning.

Global investment markets are currently seeing high levels of volatility currently taking their lead from the potential implications of the Brexit decision. Please see the news article Brexit Update which may be of interest to you in understanding the situation further. 

In any case we will be keeping a close eye on market events, however we have seen market volatility before and our investment philosophy has not wavered in light of this. We would continue to advocate investors exercise caution in reacting to short term market news and volatility, and allowing it to impact your long term goals. It continues to show the benefits and rewards of staying in a well-diversified portfolio.

Please see the following link to an article from Vox: http://www.vox.com/cards/brexit-uk-european-union/brexit-pros-cons-why

We think it provides a balanced and factual background to Brexit and includes a clear and concise explanation around Brexit, including:

• What is the EU?
• Why did many voters want to leave?
• What was the case FOR Brexit?
• What was the case AGAINST Brexit?
• What happens next?

As always if you have any questions, do not hesitate to contact us