Monday, March 4, 2019

WSJ: British Stock Investors Go ‘on Strike’ Ahead of Brexit

By SIMON CONSTABLE

Individual investors in the U.K. soured on fund investments in a big way in 2018, and analysts say nervousness over Brexit was mostly to blame.

The amount of money flowing into retail investment funds in the U.K. plummeted more than 85% last year to £7.2 billion (about $9.2 billion) from £48.5 billion the year before, according to recently published data from the Investment Association, a London-based fund-management trade body. Last year’s total was well below the £22.3 billion average over the past decade, the data show. Read more here.


TeroVesalainen, CC0, via Wikimedia Commons

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