Brexit or Bremain?

The recent market volatility owes much to the recent question of whether Britain will remain within the European Union. Polls indicate that the vote today will be close with many voters indicating they may decide on the way to the polls.  There are broad based implications to investment markets from currency aspects, fixed and equity market aspects to geopolitical issues as well. Many companies with significant exposure to European markets through headquarters in London have already begun to take some preparatory steps on how to deal with this new paradigm should it come about, but we still expect that there will still be significant disruptions should the vote go in favor of an exit.

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