UK Assets Are 17% Cheaper For Overseas Investors

UK Assets Are 17% Cheaper For Overseas Investors

Even though the pound has rallied a bit on the back of Theresa May’s clarification on the UK’s Brexit strategy, the fact remains that since the EU Referendum, the pound has reduced in value by 17% against the dollar. So, for overseas investors, this has been a time for rubbing their hands with glee and seeing what bargains they can pick up in the UK market.

In essence, what this means for investors dealing with dollar-pegged currencies is that Brexit has opened up huge opportunities for international investors to invest in the UK. Property, government bonds and equities are all 17% cheaper than they were this time last year and many have been taking advantage.

Of course, good things don’t last forever and it’s only a matter of time before sterling starts to fight back. The next couple years are sure to be turbulent for the pound as all the details of Brexit and the implications of Article 50 are thrashed out, but once the UK’s position has been clarified, and more is known by the markets about the UK’s future outside of the EU, experts expect the pound to show more resilience and bounce back.

It may not recover the entire 17% but sterling should find its rightful position amongst the rest of the world’s currencies. So, if you’re an overseas investor, it would be prudent to act now on your UK investments. Contact us now to discuss the numerous opportunities that are available.