Rees-mogg’s Irish opening
BREXITEER Jacob Reesmogg’s City firm has set up a fund in Ireland – and warned clients of the dangers of leaving the EU.
Somerset Capital Management, which the Tory MP owns around 15% of, launched SCM Icav, in Dublin in March.
It lists Brexit in the “risks” bit of its prospectus.
But SCM insisted the launch was “nothing whatsoever to do with Brexit”.