Average global funds hold a third less in the UK than before Brexit

On the sixth anniversary of the Brexit Referendum vote Investment Week examined how much global funds were investing in the UK post-Brexit. As of January 2016, the average UK weighting in an IA Global fund was 12.4%. By the end of the year, after the vote, it had dropped to 10.8% and has decreased consistently year-on-year, accelerating in 2020 as Covid took hold. To date the average global fund has a UK weighting of 8.4%, a decrease of 33.1% overall. The Brexit saga has peaked and troughed, with the UK finally leaving the EU with an agreed deal of 31 January 2020, but issues have ...