First Eagle Insights | After Brexit

The United Kingdom’s vote to leave the European Union has already led to signficant turbulence in global currency and securities markets. Beyond this immediate reaction, we believe that political and economic uncertainty could continue for several years as the UK negotiates its new relationship with the EU.

In the commentary below, Matthew McLennan, head of the Global Value team, discusses the potential near- and longer-term implications of the UK’s decision including the impact on our portfolios.


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