Unicorn's Hutchinson: Allocators view UK as 'economic and political basket case'

The UK's importance as a world-leading centre for asset management continues to grow.

At the end of 2016, the total value of all funds managed by Investment Association (IA) members had grown to a record £6.9trn. This figure will have grown considerably since the end of 2016. Brexit blog: May's cabinet rejects customs union proposal As we all know, equity markets have been on an extended bull run. Since markets turned positive in March 2009, the FTSE 100 index has almost doubled in value, while the UK Smaller Companies index has more than trebled. The recovery in corporate profitability has underpinned the strong performance of equity markets. As a result, the valua...