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Alternative Market Briefing

UK fund investors flee to Dublin and Luxembourg with GBP62bn as Brexit looms

Thursday, April 11, 2019

Laxman Pai, Opalesque Asia:

UK investors have moved a net GBP62bn of their fund investments outside the UK since the Brexit referendum in June 2016, according to the latest Fund Flow Index (FFI) from Calastone.

According to a press release from the global funds transaction network, in March 2019 alone, as the UK Parliament teetered on the brink of a no-deal Brexit, they placed a net GBP2.7bn in EU-based funds, almost three times the amount that flowed into UK re......................

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