EU Referendum Statement - 28th June 2016

6th July 2017

The decision by the UK to leave the European Union clearly has significant implications for us all.  The future is uncertain which creates uncertainty in financial and currency markets.  Over the course of Friday and Monday there was a relatively orderly response across most markets and the predicted falls were not as severe as predicted.  The full implications of the UK vote will only become apparent over time, coupled with the possibility of a fresh Scottish referendum.
 
We want to reassure our clients that we are monitoring the situation closely.  In the short term we accept investments will fluctuate but we firmly believe the long term outlook will reward those clients who are patient and wait to see what develops over time.  The current political crisis is not thought to be a financial crisis similar to 2008, banks are more capitalised and able to withstand dips in the economy.  It is however unchartered territory and we will watch and manage the investments during the coming weeks, months and years.
 
If you would like to ask any questions or seek our views, please do not hesitate to contact us.  We will periodically release information via our website and social media pages.