BUYOUT BARONS GET SET TO SELL

According to a report in the Evening Standard private equity firms are gearing up to sell big chunks of their stock market investments if London's markets rally following a vote to remain in the EU.

For the Mr Average an explanation. There is a Lock-up periods to stop firms selling shares for a certain period. This period ended in April or May. The firms decided not to sell because of the uncertainty over the referendum.

Now Bankers decided to sell under so called Block trades  which are big chunks of company shares to sell all at once for private equity firms if REMAIN wins on June 23.

Now this is a real threat not just scaremongering.

One Banker said: "A number of houses are looking to do big block trades. There will be two or three-week window after the referendum when everyone is calmer."

UK block trades have held back and had a low from January till May period at £10billion according to Dealogic figures. It is worse in Europe where block trades dropped by 82 per cent which resulted for the year ending May to £30billion.