(Bloomberg) Global market turmoil triggered by Britain’s vote to exit the European Union will have no long-term effect on investments in the U.K., according to hedge fund managers surveyed by Preqin.
Almost a quarter of the 67 money managers questioned by the research firm from June 30 to July 4 expect a positive effect, while none said Brexit will be negative. Over the short-term, 31 percent of respondents said the decision will have a positive influence on their funds’ performance and 13 percent considered it a reason for concern.
