Why I am buying sterling, selling euros – The Property Chronicle
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Why I am buying sterling, selling euros

The Fund Manager

I might look very silly by the end of the month but there will not be a no deal Brexit. Neither side can afford this outcome. Sadly my crystal ball doesn’t run to how soft the Brexit will be, but what we do know is that a process of cauterising the wounds opened in the Tory party by the Maastricht Treaty will in all likelihood mark the end of two party politics. 

Remaining in or tied to the eu and more particularly the eurozone is fraught with danger. For the ill thought out euro experiment to survive there needs to be a coordinated United States of Europe with uniform taxes and one central bank. But more Europe is not what the European populations appear to want – as evidenced by the electoral success of both populist parties and the nationalist far right. Personally this is not what I want for our country which is why so many of us voted to leave the EU.

The Fund Manager

About Jo Welman

Jo Welman

Jo Welman is an adviser to Epic Private Equity and the Non-Executive Director for ARK Syndicate Management Ltd, as well as advising several small companies and individuals on the structure and allocation of their investments. His previous roles have included managing balanced portfolios at Barings, Managing Director at Rea Brothers (Investment Management) Ltd, and Executive Chairman at Brit Insurance Holdings Plc.

Articles by Jo Welman

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