PA Portfolio: How investment managers are preparing ahead of Scots vote

  "Sterling's strength is based on the current economic recovery" Mouhammed Choukeir, CIO, Kleinwort Benson The impact on the pound is likely to be negative with a ‘yes' outcome, since investors will question how the government will split the debt and whether the recent recovery in the UK will be derailed as a result. As the recovery has been driven by renewed confidence in the economy, the risk is that could be reversed. Sterling's strength is based on the current economic recovery. If it is at risk, or becomes questionable, then the pound will come under pressure. Sterling is...