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RT by @catherinemep: #Brexit all pain no gains!
UK equity funds are on track to post their worst-ever year of outflows, with total yanked out by investors rising to £80bn since #Brexit vote in June 2016.
UK equity funds bled £26.2bn between January and October this year, up from £20.5bn for the same period in 2022.
The amount pulled from UK equity funds so far in 2023 has already surpassed the £25bn of net outflows recorded in 2022, according to Morningstar. Over the past three years, UK equity funds have posted only two months of positive flows.
🐦🔗: https://nitter.cz/LizWebsterSBF/status/1735587044095643894#m
[2023-12-15 09:06 UTC]
@catherinemep
When investors do not want to invest in a country you know things are really bad.
#brexit #rejoin #rejoineu