We Are Underweight U.K. Assets, Says Pictet Wealth’s Donay

The video discusses the impact of Brexit on asset allocation in the UK, highlighting the potential pressure on sterling and the likelihood of a soft Brexit. It examines the subdued UK economic growth due to Brexit uncertainties and explores potential investment strategies, including entering the UK equity markets. Two main Brexit scenarios are considered: a long extension for negotiations or a no-deal Brexit, with probabilities for each scenario discussed.

What has been the trend of the Sterling against the USD and Euro in the past three months?

• It has weakened significantly.

• It has fluctuated unpredictably.

• It has strengthened.

• It has remained stable.

What is the most likely Brexit scenario according to the speaker?

• Brexit with a customs union

• Hard Brexit

• Soft Brexit

• No-deal Brexit

How has the uncertainty surrounding Brexit affected UK growth?

• It has subdued growth.

• It has had no impact on growth.

• It has boosted growth significantly.

• It has caused growth to accelerate.

What is one potential investment strategy in the UK if a good Brexit deal is reached?

• Investing in UK real estate

• Entering the UK equity markets

• Buying UK government bonds

• Investing in UK technology startups

What are the two main Brexit scenarios discussed in the third section?

• Hard Brexit and Soft Brexit

• Customs union and No-deal Brexit

• Long extension and No-deal Brexit

• General elections and Hard Brexit