Brexit will likely be ‘softer’ than previously thought, UK bonds are cheap, and the firm’s global credit income fund has 20% invested in sterling denominated bonds, according to credit portfolio manager Michael Scott.

Brexit will likely be ‘softer’ than previously thought, UK bonds are cheap, and the firm’s global credit income fund has 20% invested in sterling denominated bonds, according to credit portfolio manager Michael Scott.
A `hard Brexit’ is the base case scenario for BOS and it will likely result in decline of both the pound and UK equities.
Part of the Mark Allen Group.