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13 Jun 7:12pm

Brexit warning from investment firm co-founded by Rees-Mogg

The Guardian
Somerset Capital Management warns prospective clients about ‘considerable uncertainty’ during Brexit A City firm co-founded by the influential Conservative backbencher, Jacob Rees-Mogg, has set up an investment fund in Ireland and is warning prospective clients about the financial dangers of the sort of hard Brexit favoured by the Tory MP. London-based Somerset Capital Management (SCM) described Brexit as a risk in a prospectus to a new fund it launched in March, which has been marketed to international investors who want to keep their money in the EU long-term.
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