Our family office clients and their proprietors and beneficiaries are often concerned about the future when they speak to us to discuss their financial investments.
When they look at the geography of the earth, they realise that the Western world’s apparent stability after the Second World War is now heavily under threat. With the United Kingdom potentially leaving the European Union, nolens-volens – like it or not – Europe will become less powerful. This will affect every dimension of the Union. A UK withdrawal from the European Union will have an impact on EU institutions where the British have pursued a policy of commercial diplomacy that was inclusive and supported smaller states. It will also affect the military dimension, as Europe will lose a nation that has contributed substantially to its security and defence operations.
