Aberdeen's Gilbert: 'There is no need for a messy EU divorce'

Opportunity to buy cheap

Daniel Flynn
clock • 1 min read

Aberdeen chief executive Martin Gilbert has warned that investors in both the UK and Europe will suffer if Brexit turns into a "messy divorce".

In a column for the Evening Standard, Gilbert (pictured) said Europe will remain a geographic neighbour and trading partner regardless of how the UK's decision to leave the EU is implemented, and urged investors to remain calm in the aftermath of the vote. He said the market volatility which has been seen since the results of the referendum were announced on Friday should be viewed by long-term contrarian investors as a chance to buy favoured companies at cheaper prices. "Friday was a day for thinking, not for trading. Any further falls in markets should be considered as a buying oppo...

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

Join now

 

Already an Investment Week
member?

Login

More on UK

 'Once-in-a-parliament reset': Reeves rules out future fiscal events of Autumn Budget's scale
UK

'Once-in-a-parliament reset': Reeves rules out future fiscal events of Autumn Budget's scale

Public finances now on a 'firm footing'

Valeria Martinez
clock 06 November 2024 • 3 min read
UK retail sales slump to 0.6% as shoppers protect their coffers for Christmas
UK

UK retail sales slump to 0.6% as shoppers protect their coffers for Christmas

Budget led to waning sales

Linus Uhlig
clock 05 November 2024 • 2 min read
Mel Stride awarded shadow chancellor in Badenoch shadow cabinet reshuffle
UK

Mel Stride awarded shadow chancellor in Badenoch shadow cabinet reshuffle

Some leadership rivals awarded roles

Linus Uhlig
clock 05 November 2024 • 1 min read
Trustpilot