Investors pull billions from UK on prospect of no-deal Brexit

More than $4bn has been pulled from UK equity funds since Theresa May announced her decision to step down as Britain’s prime minister as fears mount that the UK is heading for a no-deal Brexit under her successor, Boris Johnson. Investors have withdrawn $4.2bn from UK equity funds since late May, according to EPFR, a data provider. Outflows since the Brexit referendum in 2016 have climbed to $29.7bn.

source https://finance.yahoo.com/m/3ec9bd1b-4e0b-30ec-baa8-4b49ace41b37/investors-pull-billions-from.html?.tsrc=rss

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