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Jefferies: Don’t Underestimate The UK Economy

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Rupert Hargreaves
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UK Economy - While the Brexit argument dominates the financial headlines both in and the outside the UK, the financial press seems to be entirely overlooking London’s world-beating financial reputation and flourishing digital economy -- two themes analysts at investment bank Jefferies looked at in an equity strategy research note sent to clients at the end of last week.

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Don't underestimate the UK economy

London’s position as the global financial centre is unrivalled. At the end of May, China’s first ever sovereign bond (3 year, 3.28%, RMB3 billion or US$458 million) cemented London's reputation as the money market centre of the world. While daily trading turnover in RMB is only 2.1% of...

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha