Outflows from UK-focused equity funds since Brexit vote hit $1tn

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Outflows from UK-focused equity funds since Brexit vote hit $1tn
By Chris Flood
Investors have withdrawn more than $1tn from UK-focused equity funds since the EU referendum in 2016 as concerns mount about the damaging impact of Brexit on Britain’s corporate sector.
Extreme uncertainty for business due to Brexit confusion plus the prospect of a hard left Labour government led by Jeremy Corbyn have tarnished the appeal of UK equity funds, which have haemorrhaged $1.01tn of net outflows since June 2016, according to EPFR, a data provider.

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关键词：outflows Focused outflow equity equit