Avoid UK-exposed companies in former UK colonies Downside forecast by year-end: 5-10% Despite the basket of UK-exposed corporate (listed in South Africa, Australia, Singapore, India and Hong Kong) outperforming the FTSE 250 by 10% (in dollar terms) since the Brexit event, they have a similar exposure to the index (approximately 50% of revenue and assets). UBS also highlights the big local…
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