A reversal in sentiment for UK equities?

Reviewing a challenging H1 2019 for the asset class

It has been an eventful first half of 2019 for the asset management industry and in particular UK equity funds.

Continued uncertainty surrounding Brexit - and the leadership of the UK Government - meant investors shunned the asset class or continued to flee UK equity funds. Since the start of 2016 to the end of Q1 2019, some £13.2bn has been withdrawn from UK equity funds, according to data from the Investment Association. UK equity funds have seen consistent outflows for every quarterly period during that time, a strong indicator of the poor sentiment towards the asset class. Meanwhile, poor performance from fund manager Neil Woodford has meant investors have withdrawn £1.2bn from the Woodf...