UK investors believe Brexit will be positive for portfolios

Almost half of UK investors believe Brexit will be positive for their investment strategy with a further 22 per cent arguing it will have no effect over the next 12 months.

The IW Capital survey questioned 1,000 UK investors with between £10,000 and over £250,000 of investible assets.

Luke Davis, chief executive of IW Capital, says: “The performance of the UK economy since the EU referendum has been extremely impressive, driven in no small part by our country’s diverse collection of SMEs that account for 99.9 per cent of all private companies.

“This research demonstrates that the continuing growth of the private sector is attracting the interest of the nation’s investors, who are clearly embracing the future of Brand Britain and the undiscovered investment potential that lies ahead.”

UK GDP grew 0.7 per cent in Q4 2016, but is forecast to slow to 0.4 per cent in Q1 this year.