ayshfm1 wrote:UK market is international, so I've always dismissed the home bias argument, it just isn't.
The issue is not so much investment allocation but political risk - the risk that taxes or regulations might make domicile in the UK less attractive. And/or that foreign investors reduce exposure to the UK.
So ARM is a British company but decided to list in the US. Shell and Unilever are also listed in Holland. BHP dropped its British listing. Flutter has a dual listing. And so on.
I guess we will find out about this in a couple of days. If it happens I may do it but I would stick to UK companies that overwhelmingly earn overseas AND can list/emigrate overseas easily - example are Diageo and Rio Tinto.