Prior to the UK's vote on June 23 many experts from multiple financial asset classes warned that would be serious repercussions should the outcome be in favor of leaving the European Union.
Perhaps we should not be too surprised then to see sterling plunging to a 31-year low, sovereign bond yields tumbling, and the Bank of England swiftly moving to make bank lending easier.
In the real estate industry, UK open-ended property fund management firms are shuttering their retail offerings as the fallout from the UK's decision to exit from the European Union continues to batter the country's property sector. But, there are some that say the UK's appeal to foreign investors will not be dimmed in the long-term and that any subsequent market volatility could offer interest to the opportunistic investor.
At PEI, we are assuming nothing about how the Brexit vote has affected our readers. Instead we want you to tell us – and we can then report the findings back to you. Click here to access our Brexit survey which seeks to discover how life is really looking across private debt and the rest of the alternative asset universe.
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