Square Mile: 42% of UK equity managers sensitive to outcome of Brexit

Survey responses

Four in ten UK equity fund managers cautioned their relative performance would be impacted by the outcome of the Brexit negotiations, according to a survey conducted by Square Mile Investment Consulting & Research.

The survey, which received responses from 39 UK equity managers with a Square Mile fund rating, found 42% were sensitive to the outcome of Brexit negotiations. However, 27% said they would be broadly unaffected by the outcome while 32% claimed it was impossible to determine at this stage. In terms of the performance of the FTSE All-Share, 39% said a soft Brexit would help performance the most, while just 10% said a hard Brexit would be the most favourable outcome for the index. The possibility of the UK failing to secure a deal with the European Union increased on Thursday, after ...