Falls in the dollar may have made it more difficult to reconcile investment returns in sterling terms, however, there are some investments able to withstand the pressure.
Murgitroyd, an Alternative Investment Market-listed provider of intellectual property (IP) legal services is finding plenty of work from US clients despite the massive depreciation in the value of the dollar against both the pound and the euro. Roughly half the patents filed in Europe are done so by US and Japanese firms, with the remainder heavily represented by EU multinationals, says Keith Young, chief executive. ”The exchange rate makes it more expensive for US clients to us Murgitroyd or any other European service provider. But, companies still require IP protection.” Building...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
