Psigma Investment Management's investment team has increased its weighting to 10-year gilts and reduced exposure to European equities in order to defend against the increasing likelihood of the UK's departure from the EU.
Head of investment strategy Rory McPherson (pictured) said gilts are likely to benefit in the event of a Brexit, as the UK government would buy them in order to curb a sudden potential increase in inflation....
The US dollar is close to peaking and the risks now seem to be on the downside.
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