UK assets to remain unloved whoever becomes PM

UK assets to remain unloved whoever becomes PM

For years only one thing has mattered to money managers focused on Britain - the risk of a messy divorce from the EU pummelling its assets and darkening its economic prospects

Whoever wins the UK’s leadership race, investors reckon its markets will lose. That’s because for years only one thing has mattered to money managers focused on Britain - the risk of a messy divorce from the European Union pummelling the nation’s assets and darkening its economic prospects.

It’s a scenario neither front-runner Boris Johnson nor his adversary Jeremy Hunt may be able...

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