--- title: Statement from Head of Research at Axioma on Brexit Outcome description: Statement from Head of Research at Axioma on Brexit Outcome --- ![websites-group](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/new-MMG-01.svg) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-new-marketsmedia-logo.svg)](https://www.marketsmedia.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-traders-redlogo.svg)](https://www.tradersmagazine.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-bestexe-logo.svg)](https://www.bestexecution.net/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-fidesk-logo.svg)](https://www.fixglobal.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-fixglobal-new-logo.svg)](https://www.fixglobal.com/) - [*Facebook*](https://www.facebook.com/MarketsMedia/) - [*Twitter*](https://twitter.com/marketsmedia) - [*Linkedin*](https://www.linkedin.com/company/markets-media-llc) - [Newsletter](https://articles.marketsmedia.com/statement-head-research-axioma-brexit-outcome#popup-newsletter) #### Want the latest news on securities markets -- FREE? 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Based on Axioma’s stress testing scenarios, there’s a possibility that we’ll see a decline of up to 24% in UK equities over the next two to three months based on historical analysis. The impact will be felt well beyond the UK as there is strong correlation with other markets such as the US. Additionally, should a Brexit have a contagion effect and lead to demands for referendums in other European countries, we may hypothetically see further market volatility. As a result, globally, firms must be prepared to quickly analyze the ongoing risk scenarios posed by Brexit.”* **ABOUT BILL MOROKOFF** Bill Morokoff will oversee a global team of experts, and is tasked with continued expansion of the firm’s multi-asset class and equity investment research leadership. He was previously Managing Director, Head of Quantitative Analytics at Standard & Poor’s Ratings Services (“S&P”) since 2006, where he led the firm’s Global Quantitative Analytics and Research Group. Before S&P, Morokoff was with Moody’s KMV since 2000, most recently serving as Senior Director, Acting Head of Research. Prior to that he was a Vice President at Goldman Sachs in the Firm-Wide Risk Department working on market risk in the Quantitative Modeling Group. [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/statement-head-research-axioma-brexit-outcome) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/statement-head-research-axioma-brexit-outcome) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/statement-head-research-axioma-brexit-outcome) ![email](https://articles.marketsmedia.com/hubfs/Markets%20Media/email.svg) ### NEWSLETTER SIGN UP And receive exclusive articles on securities markets ### Related articles 1. 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