UK Retail Investors “pulling out of property funds”
UK Property Funds:- UK retail investors are pulling out of property and UK equity funds and switching into global and Japan equities, according to a report from online investment platform rplan.co.uk. The analysis shows that the number of trades on the rplan.co.uk platform was up 175% over the weekend following the Brexit vote versus the previous weekend, and 76% of withdrawals was from property funds and 22% from UK equity funds. The volume of switching between funds was 4.5 times [...]