Financial Stocks Are The Brexit Losers

Financial Stocks Are The Brexit Losers

Following the UK’s decision to try and leave the EU, financial markets around the world have been thrown into turmoil. As a result, investors in the life insurance and asset management sectors need to begin thinking through issues that may affect the industry going forward and the spillover effects from Brexit.

Analysts at RBC Capital Markets have picked up five key themes that investors should be aware of going forward for these two financial sectors.

Financial stocks: Five key headwinds  

The most important issue is clearly Britain’s future in the European Economic Area. Financial services firms have flocked to London for the past three decades as the city has become a gateway to Europe’s capital...