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UK equity fund outflows hit £80bn since Brexit as investors stay sour

UK equity funds have remained out of favour among investors since leaving the EU as part of a decade-long slump

By David Ricketts
2023 could be the sector's worst year on record, despite efforts to breath life back into the City
2023 could be the sector's worst year on record, despite efforts to breath life back into the City Photo: Getty Images/iStockphoto

UK equity funds are on track to post their worst-ever year of outflows, with the total yanked out by investors rising to £80bn since the Brexit vote in June 2016.

Data from Morningstar shows UK equity funds bled £26.2bn between January and October this year, up from £20.5bn for the same period in 2022.

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