Brexit premium

The EU will not grant London unlimited access to European financial markets

Comprehending The Brexit Premium

Mark Holman (Vontobel AM) | Since the UK’s decision to exit the European Union in June 2016, we have seen sterling denominated assets trade with what we have referred to as a Brexit premium. The value of that premium is something we have monitored continuously and have sought to capture as much as possible without materially adding to risk profiles. The reason for the update today is because Brexit as an event at least is now behind us, though both parties are now having to deal with the consequences.