--- title: "Cambiar Investors Insight: Brexit Results" description: "Cambiar Investors answer the question, \"What just happened?\" with regard to Brexit." image: http://www.wrapmanager.com/hubfs/blog-files/Brexit_Results_-_Cambiar_Insights.jpg --- [![Assembly Wealth](https://www.letsassemble.com/hs-fs/hubfs/Assembly/logos/Assembly-Wealth-Logo-Orange-500px.png?width=300&height=70&name=Assembly-Wealth-Logo-Orange-500px.png "Assembly Wealth")](https://www.letsassemble.com/) The Money Manager People TM [800-541-7774](tel:+18005417774) [![RESEARCH MONEY MANAGERS](https://no-cache.hubspot.com/cta/default/10700/7ecbcb66-3fbb-41e3-b219-c24fb3c769c5.png)](https://cta-redirect.hubspot.com/cta/redirect/10700/7ecbcb66-3fbb-41e3-b219-c24fb3c769c5) [![Client Center](https://no-cache.hubspot.com/cta/default/10700/8691dcb4-caa3-42c2-a810-77b59f461fd2.png)](https://cta-redirect.hubspot.com/cta/redirect/10700/8691dcb4-caa3-42c2-a810-77b59f461fd2) [Home](https://www.letsassemble.com/) WrapManager's Wealth Management Blog When life changes, we can help you thoughtfully respond. [< Back to read another post](https://www.letsassemble.com/wealth-management-blog) # Cambiar Investors Insight: Brexit Results Posted by [ WrapManager's Investment Policy Committee](https://www.letsassemble.com/wealth-management-blog/author/wrapmanagers-investment-policy-committee) June 28, 2016 - [Tweet](https://twitter.com/share) [![Brexit_Results_-_Cambiar_Insights.jpg](http://www.wrapmanager.com/hubfs/blog-files/Brexit_Results_-_Cambiar_Insights.jpg)](https://www.letsassemble.com/hubfs/MM_Commentary_PDFs/Brexit_Results_-_Cambiar_Insights.pdf)Cambiar Investors provides insights on the [Brexit](http://www.wrapmanager.com/wealth-management-blog/topic/brexit) results. Their commentary can be read in full [here](https://www.letsassemble.com/hubfs/MM_Commentary_PDFs/Brexit_Results_-_Cambiar_Insights.pdf?t=1467051439833).  Britain’s historic vote to leave the European Union has resulted in a vicious shockwave that is rippling through the global financial markets. Given the near-unanimous expectation for the ‘Remain’ vote to emerge victorious, the subsequent adjustment in positions is creating a volatile move across currencies, equities and commodities. ### What Just Happened? - The decision for the UK to leave the European Union triggered a massive risk-off trade across the global markets. - An unwinding of positions by hedge funds triggers outsized moves to clear the markets. - Some context is needed –while dramatic in magnitude, today’s decline is essentially an unwind of the market’s gains over the past three days. - Britain's 1992 decision to opt-out of adopting the Euro as its currency illustrates the long-standing skepticism that this sovereign has harbored toward becoming fully integrated in the European Union.The UK was not one of the “original 6” in the Common Market. - Brexit is sparking fears of additional referendums in other EU member countries. France's Marine Le Pen, president of the National Front party has called for an immediate referendum there. This kind of talk is destabilizing for markets. ### What Will Happen Next? To find out, download the whole commentary [here](https://www.letsassemble.com/hubfs/MM_Commentary_PDFs/Brexit_Results_-_Cambiar_Insights.pdf?t=1467051439833).    To learn more about Cambiar Investors and other [Money Managers](https://www.wrapmanager.com/money-manager-research), give us a call at 1-800-541-7774 or [contact us here](https://www.wrapmanager.com/contact) to start the conversation with a Wealth Manager.  [![Download Cambiar Investor Report](https://www.wrapmanager.com/hs-fs/hub/10700/file-2346359955-gif/blog-files/pdficon.gif?t=1467065421013&width=16 "Download Cambiar Investor Report")](https://www.wrapmanager.com/hubfs/MM_Commentary_PDFs/Cambiar_International__ADR_Commentary_3Q2015.pdf?t=1467065421013)[Download Cambiar Investors' full commentary here](https://www.letsassemble.com/hubfs/MM_Commentary_PDFs/Brexit_Results_-_Cambiar_Insights.pdf?t=1467065421013) [![Cambiar Investor Report](https://www.wrapmanager.com/hs-fs/hub/10700/file-2346359965-gif/blog-files/icon_report.gif?t=1467065421013&width=16 "Cambiar Investor Report") Request free research reports from Cambiar Investors](https://www.wrapmanager.com/money-manager-research/cambiar_investors_llc) [Economic/Market Outlook](https://www.letsassemble.com/wealth-management-blog/topic/economicmarket-outlook) [Cambiar Investors, LLC](https://www.letsassemble.com/wealth-management-blog/topic/cambiar-investors-llc) [Brexit](https://www.letsassemble.com/wealth-management-blog/topic/brexit) [![Retirement-planning-strategy-ebook-CTA-large](https://no-cache.hubspot.com/cta/default/10700/c5ce76f4-6dc3-447f-9bc5-526eed4b84a4.png)](https://cta-redirect.hubspot.com/cta/redirect/10700/c5ce76f4-6dc3-447f-9bc5-526eed4b84a4) ### Subscribe to Updates [Subscribe to RSS Feed](https://www.letsassemble.com/wealth-management-blog/rss.xml) [![New Call-to-action](https://no-cache.hubspot.com/cta/default/10700/ffe2a394-957b-481b-9f80-4ef176bd6aaf.png)](https://cta-redirect.hubspot.com/cta/redirect/10700/ffe2a394-957b-481b-9f80-4ef176bd6aaf) ### Most Recently Published ### Blog Authors [![Gabriel Burczyk](http://www.wrapmanager.com/hs-fs/hub/10700/file-2347381761-jpg/Athors_Avatars/Gabe-avatar.jpg "Gabriel Burczyk")](http://www.wrapmanager.com/wealth-management-blog/author/gabriel-burczyk) [**Gabriel Burczyk,**](http://www.wrapmanager.com/wealth-management-blog/author/gabriel-burczyk) [Founder & CEO](http://www.wrapmanager.com/wealth-management-blog/author/gabriel-burczyk) [![Valerie De Vol](http://www.wrapmanager.com/hs-fs/hub/10700/file-2457588837-jpg/Athors_Avatars/Valerie-De-Vol-avatar.jpg "Valerie De Vol")](http://www.wrapmanager.com/wealth-management-blog/author/valerie-de-vol) [**Valerie De Vol, **IACCP® Chief Operating Officer](http://www.wrapmanager.com/wealth-management-blog/author/valerie-de-vol) [![Seton-avatar.jpg](http://www.wrapmanager.com/hs-fs/hub/10700/file-2344519198-jpg/Athors_Avatars/Seton-avatar.jpg "Seton-avatar.jpg")](http://www.wrapmanager.com/wealth-management-blog/author/seton-mcandrews) [**Seton McAndrews, **CFP® ](http://www.wrapmanager.com/wealth-management-blog/author/seton-mcandrews)[Vice President - Investments](http://www.wrapmanager.com/wealth-management-blog/author/seton-mcandrews) [![Doug Hutchinson](http://www.wrapmanager.com/hs-fs/hub/10700/file-2347381751-jpg/Athors_Avatars/Doug-avatar.jpg "Doug Hutchinson")](http://www.wrapmanager.com/wealth-management-blog/author/doug-hutchinson) **[Doug Hutchinson,](http://www.wrapmanager.com/wealth-management-blog/author/doug-hutchinson) **[CFA® ](http://www.wrapmanager.com/wealth-management-blog/author/doug-hutchinson)[Director of Research and Trading](http://www.wrapmanager.com/wealth-management-blog/author/doug-hutchinson) ![Katie - square.png](https://www.wrapmanager.com/hubfs/Katie%20-%20square.png "Katie - square.png") [**Katie O'Connor **Director of Client Services](https://www.wrapmanager.com/wealth-management-advisors/katie-oconnor) **Important Disclosure Concerning WrapManager Blogs** Blogs found at this site have been created or supported by WrapManager. 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