A message from Nicola Johnston, Head of Finance , CHF
“With all the upheaval of recent days and the uncertainty surrounding the UK voting to leave the European Union, we would like to provide some support and reassurance from CHF Media’s viewpoint, both for your clients who have already invested into the CHF Media Fund and to those who may wish to invest this tax year.
CHF Media Group continues to participate in a truly global market with a never-ending supply of children who will continue to value great content on television and all new media. We continue to strive to keep abreast of all new viewing habits and non-traditional forms of broadcast media, such as Netflix, YouTube and Amazon. Brexit cannot, at least, affect these certainties in our sector.
We believe that the vote to leave the EU should have no immediate adverse effect on our business model. This, coupled with continued support from all our broadcast partners and the Government-backed EIS and Animation Tax Credit schemes wrapping our products, makes us well placed to enter into the post-Brexit arena. Not only will children of all ages continue to watch and enjoy content we produce but one additional factor is that no changes to our industry should occur for at least a further two years whilst exit negotiations take place or beyond that period, particularly if the UK remains part of the EEA.
We would like to take this opportunity to reassure your current investors and those who may wish to invest that, for us, it is very much business as usual, and that we will continue to develop and monetise our shows in the best interests of our shareholders and supporters.”
A message from Richard Cook, Chief Executive Officer, Blackfinch Investments Ltd:
We appreciate that the current market conditions will have caused uncertainty for advisers and their clients. As such, we would like to provide you with the following statement to include some commentary around the overall economic and market situtation, as well as commentary with regards to Blackfinch portfolios in which your clients may be invested, or may be considering investing into.
For the full Blackfinch statement click here
A message from Richard Manley, Director, Seneca Partners Ltd
The events of Thursday have clearly caused a wave of uncertainty in economic terms. This paper is designed to
provide background on the current economic situation, an opinion from Seneca Partners on the likely events
over the short and medium term, as well as our view on the potential impact on our underlying trading activities
and the investments which we manage.
For the full Seneca reaction click here
A message from Kealan Doyle, CEO, Symvan Capital
The recent referendum result in favour of leaving the EU has thrown financial markets and political stability throughout Europe into a period of turmoil. It is anybody’s guess as to how this plays out over the next few months, but any departure that neither resembles the current arrangements nor some sort of hybrid “Norway” arrangement will almost certainly be bad news for the financial services industry in the UK and will lead to a sharp contraction of Foreign Direct Investment (FDI) into the UK.
For the full Symvan statement click here .