Investors fleeing UK equity funds – data ...News

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Net outflows exceeded $26 billion this year, according to EPFR Global UK stocks suffered record annual outflows in 2022 as investor confidence in the country’s economy is waning, Bloomberg reported on Friday, citing data from EPFR Global. Statistics show that some $26.3 billion has been withdrawn so far, which coincides with a slump of 20% for the FTSE 250 Index. The benchmark index was down by the most since 2008. Meanwhile, the blue-chip FTSE 100 Index was up more than 1%, largely due to its exposure to commodity stocks that soared this year. The record equity fund outflows marked the seventh year in a row that

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