Brexit: Avoid the gravitational pull of short term emotion

Our CIO Paul Moore reflects on the markets reaction to last week’s UK Referendum, "The most important issue, when an event of this magnitude has occurred, is to ensure that one avoids the gravitational pull of short term emotion and ensure that decisions are made based on what is going to happen and not what has recently happened. The landscape has clearly changed and thus one’s investment framework may also require some change. Markets also often over react to the most recent event and thus there may be opportunities. This is what PM CAPITAL Limited will be focusing on the immediate future”. (VIEW LINK)