Aberdeen's Gilbert on Brexit and Passporting Rights

The transcript discusses the importance of financials to the UK economy, focusing on passporting concerns for banks and asset managers. It covers the impact of Brexit on property funds, highlighting liquidity management strategies. The conversation shifts to bond market risks, emphasizing daily liquidity issues and regulatory concerns. Political and exogenous risks, such as populism and elections, are examined for their impact on investments. Finally, market reactions to political events and future predictions are discussed, with a focus on interest rate changes and their effects on the global economy.

What are the main concerns regarding passporting for banks compared to asset managers?

How did the property funds react immediately after Brexit?

What was the approach taken by the property fund manager in response to the redemptions after Brexit?

What risks do regulators see in daily liquidity funds, especially in relation to bonds?

How do political risks affect investment strategies according to the discussion?

What are the potential consequences of unexpected interest rate rises on the global economy?

In what ways did the perception of risk change in the bond markets following recent events?