More than $2bn has been yanked from funds that invest in UK companies in just eight weeks as the political and economic fallout from Britain’s departure from the European Union continues to batter investor confidence.
The drop means more than $23bn has been pulled from UK equity funds since the Brexit referendum vote in 2016, with concerns growing that the flood of money exiting British companies could spike if Prime Minister Theresa May takes the country out of Europe without a deal.
