The pound is falling. However, that is actually good news for investors. It makes UK stocks more affordable! It is unlikely that the UK will get a worse deal with the European Union than Switzerland, which has full access to the market but no say in it. In other words, they will get the money but not the vote, just like the Swiss.
As an investor, Obermatt CEO Dr. Hermann Stern doesn't mind the fact that the UK will have less say in Europe. He's mainly interested in the fact that their stocks are really cheap right now. That's why we see a lot of high Obermatt value ranks in the UK, as opposed to Switzerland, where the scary part of being outside the EU market is over and most stocks are too expensive now.
Looking at the Obermatt Top 10 Climate Protection stocks reveals Debenhams, a UK department store chain. While they are not growing right now - Dr. Stern guesses the reasons are quite obvious - they have a top value rating. That's why he buys it for his European stock portfolio.