Since the UK's vote to leave the European Union (EU), money has been flowing out of smaller companies funds as investors opt for broader options such as global equities funds. Investment Association (IA) figures show UK smaller companies funds experienced net outflows of £103m in October, continuing a trend of outflows that began in June. Brexit-induced anxiety and a general move out of UK equities into large international businesses has driven investors away from small-caps.
To continue reading, register today
to enjoy limited access to the following:
- Daily trading news
- Funds coverage
- Features on big investment themes
- Comprehensive companies coverage
- Economic analysis