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 is the significance of the vote in Parliament regarding a customs union?

What does the speaker expect regarding UK growth in 2019 and 2020?