While macroeconomic concerns remain, the outlook for European equities is now more positive than a year ago.
It says something about the challenges the UK market faces when Brexit is not the biggest risk investors fear.
Structural and macroeconomic pressures blamed
Brexit and US-China tensions still to deal with
Equity funds see continued outflows
Global-facing UK equities offer best relative value
According to regulatory survey
The UK market is a fantastic contrarian investment for those investors able to take a longer-term approach to their portfolio.