We Have Cut Our Sterling Exposure, Says Connor Broadley’s CIO

The video discusses the impact of Brexit on the sterling and financial markets. It highlights the bearish sentiment in sterling due to Brexit uncertainties, with institutions like Investec and Aberdeen adjusting their positions. The emergence of the Brexit Party and potential leadership changes in the UK are influencing market strategies, with a focus on FX exposure. The video also examines the gilt market, noting its current overvaluation and potential political influences that could affect fiscal policy and bond yields.

What reasons are given for why investors may not consider currency risk in their portfolios?

How has the emergence of the Brexit Party affected the Conservative Party's stance on Brexit?

What are the implications of a no deal Brexit on the currency market according to the text?

What changes in the gilt market are mentioned in relation to the current political climate?

What potential outcomes are discussed regarding the future of the UK government and their impact on gilt yields?