UK equity funds present 'cracking' opportunities despite suffering largest sell-off on record

Macro risks no obstacle for hopeful investors

Lauren Mason
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UK equities are a better pick than other developed market equities, investors argue
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UK equities are a better pick than other developed market equities, investors argue

Beleaguered UK equity funds in the Investment Association universe present "cracking" opportunities for long-term investors, according to several investment professionals, despite the fact they suffered their largest-ever recorded sell-off during June this year.

According to the latest Fund Flow Index from Calastone released last week, UK equity growth and income funds saw respective outflows of £679m and £671m throughout last month - both of which mark the highest...

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