Kames Capital's CEO Martin Davis warned the Scottish independence debate will be much closer than anticipated, resulting in wide and long lasting ramifications for the UK and Europe.
Speaking at the group's annual conference in Edinburgh, the chief executive said the impact of the referendum in September will be felt regardless of the end outcome and it will have a much greater effect on Europe and the UK than currently expected. "It will be very close and even if it is a ‘No' vote, in the end most of the impact of Scottish independence will come to pass," Davis (pictured) said. "There will still be ongoing considerations of how business will be conducted north of the border, and the referendum will also have an impact on the general election in the UK." Althou...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes