While many believe the biggest geopolitical threats could come from the EU, Merricks told Portfolio Adviser on the sidelines of the PA Fund Awards, that he sees this as a bit of a red herring.
“It is clear the two countries are on a collision course that probably won’t end well,” he said on the sidelines of the PA Fund Awards, “especially given where markets are at the moment. Everything looks a bit frothy, so it won’t take much in the way of bad news to make it settle down again.”