Source : https://www.spireresearch.com/newsroom/media/how-will-brexit-impact-asian-markets/

How will Brexit impact Asian markets?


1 – 7 July 2016
China Daily – Asia Weekly

How will Brexit impact Asian markets?

Britain still attracts substantial investment from Asia. Many Asian firms have established European Head Quarters in the country. How hard will Brexit hit Asian markets? Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his insights in China Daily – Asia Weekly.

Brexit will impact companies from Asia with operations in the UK, since they will no longer benefit from any of the EU’s Free Trade Agreement’s (FTA) with non-EU countries. Britain will need to replace these with bilateral FTAs – and fast.

Perera noted that beyond the short-term effects on foreign exchange markets and global capital, the effect will be to depress the long-term outlook for the UK.

Having said that, Brexit may induce portfolio managers to divert funds to Asia. This could strengthen Asian asset prices and currencies.

What remains to be seen is if any city can replace London as the financial center of the EU.


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Spire Research and Consulting is the leading research consultancy in global emerging markets. Spire's competitive advantage lies in its ability to deliver actionable intelligence on the external business environment in support of its clients’ strategic decision-making in marketing and business development. Spire's clients include 50 Global Fortune 1000 companies and government agencies in 15 countries. For more information, please visit www.spireresearch.com.


For media enquiries, please contact:

Alyssa Tan
Manager, Group Corporate Communications
Spire Research and Consulting
Phone: (65) 6838 5355
E-mail: alyssa.tan@spireresearch.com

Nidhi Singh
Executive, Corporate Communications
Spire Research and Consulting
Phone: (91) 124 654 2062
E-mail: nidhi.singh@spireresearch.com