Monday February 17, 2020

Jill Kerby: Brexit-proof your investments

Sterling collapse is a concern, but don’t cash out of British assets in a panic: most Irish pension funds are diversified enough to ride out the storm

30th June, 2019
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Boris Johnson has promised Brexit by October 31, but outgoing Bank of England governor Mark Carney is warning that a no-deal departure could devastate the British economy Pic: PA

Boris Johnson was pretty unequivocal last week when he declared that Britain would be out of the European Union by October 31. It is now up to the British parliament to decide whether that comes with or without a withdrawal agreement.

If the worst does happen and there’s a no-deal Brexit, the sterling collapse and all-out recession that so many predicted three years ago after the June 2016 referendum might just happen come November. There could...

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