Fund manager Brexit reaction: Warning unstable conditions could last up to five years

In yesterday's referendum, the 'leave' campaign won by 52% of the votes to 48%. The shock decision has caused sterling to fall by more than 10% to trade at $1.338, down from $1.487 yesterday.  Initial reaction has seen experts suggest the decision could lead to several years of uncertainty and instability, for UK assets. Toby Nangle (pictured), head of multi-asset asset allocation at Columbia Threadneedle:"We lack a clear vision of what future relationship the United Kingdom will have with its largest trading partner, the timescale of the exit, and the configuration of the dome...