Darius McDermott: Keeping faith with UK plc - if not UK politics

Implications of sterling weakness

clock • 4 min read

Beyond the negative Brexit headlines and broader political noise, writes Darius McDermott, investors must be careful not to overlook the investment opportunities on offer in the UK right now

Investors continue to shun the UK in favour of other developed markets, as the prospect of a ‘no deal' Brexit grows by the day. Figures from the Investment Association confirm this trend - there were 15 consecutive months of outflows from UK equity funds between April 2017 and August 2018, with a total of £6.5bn withdrawn over this period. Investors have clearly taken fright from the continuous stream of negative headlines that haunt prime minister Theresa May and her government. Although the UK is set to leave the European Union (EU) in six months, we are yet to see any real progress in...

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