UK funds suffer worst outflows on record - here’s why

Since 2016, almost £55 billion has been withdrawn from UK equity funds by retail investors

Union Jack flag on the background of stock charts
(Image credit: Anton Petrus via Getty Images)

A record £1.8 billion was withdrawn from UK equity funds in May, marking the continuation of a bruising period for the British stock market

According to figures from the Investment Association, the industry body, May was a particularly dismal month as investors opted for better-performing US stocks ahead of UK shares. Since 2016, almost £55 billion has been withdrawn from UK equity funds by retail investors.

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Chris Newlands

Chris is a freelance journalist, and was previously an editor and correspondent at the Financial Times as well as the business and money editor at The i Newspaper. He is also the author of the Virgin Money Maker, the personal finance guide published by Virgin Books, and has written for the BBC, The Wall Street Journal, The Independent, South China Morning Post, TimeOut, Barron's and The Guardian. He is a graduate in Economics.