After the U.K.'s vote to leave the European Union (EU) sent markets reeling, investors and traders are mulling how to best profit from the uncertainty.
Sterling fell against the U.S. dollar on Monday to as low as $1.3147, below the 31-year low of $1.3224 reached on Friday on the news of the referendum results.
"This is the first big shock of the summer — so there are opportunities and I think the opportunities are mostly outside the U.K. and Europe," Trevor Greetham, lead of multi asset at Royal London Asset Management, told CNBC on Monday.
"China is not badly affected by this at all ... U.S. interest rates are going to stay lower — emerging markets look quite a good buy now," he added.
The pan-European STOXX 600 Index traded around 3.2 percent lower on Monday. The U.K.'s internationally focused FTSE 100 was down around 2 percent, with the more domestically orientated FTSE 250, which tracks mid-cap companies, down more than 6 percent.