Why UK Equities Will Not Be Impacted by Brexit

A third of the UK economy is dependent on exports - but this not the case for UK Plc. The UK's largest firms are not traders

Emma Wall 16 March, 2018 | 12:33PM
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"A third of the UK economy is related to exports, but that is not the case for UK-listed companies," says Simon Gergel, fund manager of The Merchants Trust (MRCH). "Vodafone (VOD) is not a trader."

Gergel dispels the idea that UK companies will be adversely impacted by Brexit, that is, at least, not the ones listed on the UK stock exchange.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
BAE Systems PLC596.00 GBX0.57Rating
Marks & Spencer Group PLC181.30 GBX-1.31Rating
Merchants Trust Ord553.00 GBX-0.18
Vodafone Group PLC112.00 GBX2.38Rating

About Author

Emma Wall  is former Senior International Editor for Morningstar