Finance

MACQUARIE: These are the companies that will hugely benefit from a Brexit

britain old people union jackCathal McNaughton/REUTERS

There are a variety of institutions and governments that have delivered doomsday scenarios for Britain in the event of a Brexit, but analysts at Macquarie point out that some companies will actually do pretty well out of it.

In the event of a Brexit, it is widely acknowledged, by everyone from the Bank of England, to the IMF, and even some campaigners for Leave, that assets across the board would tank. The pound will dive, and equities will suffer, falling at least 5% according to recent research from Deutsche Bank.

However, as with every major negative event in the markets, there will be winners from Brexit.

Gold is set to explode according to HSBC, other commodities will bounce, and the Yen will see substantial gains.

Certain equities could also benefit in the UK, according to Australian investment bank and research house Macquarie. Analyst Matthew Turner has put together a list of the stocks Macquarie feels could take off in the wake of a Brexit, suggesting investors go long — basically bet that the stock will rise — on these seven companies.

Check out the companies Macquarie thinks will bounce if Britain votes to leave the EU, and why the bank thinks so, below.

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