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Not an investor, *
but,
I understood that some truly multi-national/transnational companies list on both London and New York stock exchanges to allow would be investors to invest whichever currency they have. I thought the part recovery of £ on Monday was precisely this, even with any costs of buying £, US$ holders could not resist the 'bargains' on offer.( * bar derisory holdings of de-mutualised companys and indirectly through pension schemes).
mespilus
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Technical question - are all FTSE 100 shares bought in sterling? I.e. to buy FTSE 100 shares, does an international investor first need to buy sterling in order to buy the shares, or can they be bought in any currency?
If the former, shouldn't that generate a demand for sterling that drives it against other currencies, or is that demand effect minor in the broader set of currency transactions around brexit?
If the latter, surely loss in value of sterling doesn't imply equivalent loss of value in FTSE 100 companies?