GAM's Gallagher: Brexit is not a significant risk for Europe

Asymmetric risk for UK

Tom Eckett
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Niall Gallagher of GAM
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Niall Gallagher of GAM

Niall Gallagher, investment director and manager of the €1.2bn GAM Star Continental European Equity fund, has said the UK leaving the European Union (EU) will have little impact on the eurozone's €18trn economy.

Speaking to Investment Week, Gallagher said Brexit posed an asymmetric risk for the UK, but investors and businesses were unconcerned about the fallout in Europe. The manager gave the example of the...

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