As the UK formally triggers the process of exiting the European Union, concern surrounding Brexit has already prompted advisers to adopt a more global outlook with clients' investment portfolios.
On 29 March, a letter signed by Prime Minister Theresa May was delivered to European Council president Donald Tusk, which formally begun the process of the UK's departure from the European Union (EU). Some advisers have been concerned about the effect on investments Britain exiting the EU would have - recent research from Prudential for instance, found 84% thought the challenges brought by Brexit were the biggest issue for five year investment returns. The worry prompted advisers to adopt a more global outlook with investments and model portfolios - many acting even before Brexit was...
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