Looking past the 'Brexit bore-fest' in 2018

UK in a bull market

David Appleton, investment director at Cornelian Asset Managers, gives his outlook for the year ahead for UK equity investors.

For UK equity investors, the year ahead could once again be heavily influenced by the EU exit process. Investors face a tricky challenge to build portfolios that prove resilient to scenarios that could lead to spikes in volatility and unusually polarised dispersion in performance.  At one extreme, a breakdown in the negotiations followed by a snap election could trigger capital flight and a collapse of the pound. The radical policy agenda espoused by a Corbyn-led Labour government is clearly not discounted in equity, bond or currency markets currently. This would likely trigger a r...