UK-domiciled funds suffer £5bn outflows in March as Brexit fears weigh on sentiment
Data from Morningstar Direct
The UK and European equity markets have been particularly out of favour with fund buyers
UK-domiciled funds have suffered outflows of £5bn in March, according to figures from Morningstar Direct, bringing the total outflows since April 2018 to £30bn.
In its first UK Fund Flows data and commentary, Morningstar Direct attributed the persistent outflows to the impact of Brexit, which is pushing investors from UK-domiciled funds to those registered in...
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