Allianz's MacDonald Says Stay Away From British Assets

The video discusses the current challenges facing UK assets, including the decline in the pound, Footsie, and gilts, and the general investor sentiment to avoid British assets due to uncertainties like Brexit and potential political changes. It also explores potential opportunities in European equities, particularly in sectors affected by trade wars, such as German cars and industrials, which may benefit from improved trade relations with China.

How has the performance of the pound been described in the text?

What are the current sentiments regarding UK assets among investors?

What factors are contributing to the uncertainty in the UK economy?

What potential opportunities are mentioned for European equities?

What specific sectors are highlighted as having potential value in the next year?