What the EU Referendum Vote Will Mean for Asset Allocation

What does the looming EU referendum mean for portfolios and what will be the implications for major asset classes?

J.P. Morgan Asset Management 13 June, 2016 | 12:02PM
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Morningstar's "Perspectives" series features investment insights from third-party contributors. Here, John Bilton, Head of Global Multi Asset Strategy, JP Morgan Asset Management, asks what the EU referendum vote will mean for asset allocation.

We consider three key scenarios:

A clear vote to remain That is, a winning margin of 10 points or better with all the home nations agreeing to stay in the union: In this situation, we would expect a relief rally in sterling, with UK stocks outperforming Gilts and UK domestic sectors performing well.

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About Author

J.P. Morgan Asset Management  is the investment arm of JPMorgan Chase & Co. and it is one of the largest active asset managers in the world.