UK ETFs: Don’t Bet on the Brexit Outcome
February 05, 2019 at 17:02 PM EST
Investors may want to stay away from United Kingdom markets and country-specific ETFs ahead of the Brexit vote as Britain’s equities will likely suffer regardless of the results. “If you get a scenario of ‘no-deal,’ clearly [the FTSE]will underperform; if you get a deal, sterling strengthens...