UK investors unload record ÂĢ7.4â€Ŋbillion in stocks since June

UK investors unload record ÂĢ7.4â€Ŋbillion in stocks since June

â€ĒBy ADMIN
British investors have pulled a staggering ÂĢ7.4â€Ŋbillion (around $9.9â€Ŋbillion) out of equity funds since June, marking the longest streak of consecutive monthly net selling in the domestic market since the 2016 Brexit vote. The outflows are being driven by doubts around whether current global stock valuations are sustainable and worries over proposed changes to tax rules in this month’s UK Budget, according to data from Calastone. October alone saw a record ÂĢ3.6â€Ŋbillion in stock withdrawals, while money‑market funds absorbed ÂĢ955â€Ŋmillion and fixed‑income funds took in ÂĢ589â€Ŋmillion as investors shifted into lower‑risk assets. Calastone also noted that all categories of equity funds—including global, North American, technology and UK‑focused funds—recorded net selling in the period. #UKStocks #InvestorOutflow #EquityFunds #MarketSentiment #SlimScan #GrowthStocks #CANSLIM

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UK investors unload record ÂĢ7.4â€Ŋbillion in stocks since June | SlimScan