Nearly a decade after the Brexit vote, despite the FTSE 100 reaching record highs, a Morningstar analysis reveals that UK equity funds have suffered roughly $160 billion in outflows and significant declines in confidence, leading to underperformance compared to US and European markets, with the pound also depreciating against major currencies, raising questions for investors about whether the current discount in UK equities now presents a valuable opportunity. #Brexit #UKEquities #MarketPerformance #UK #US #DE #CZ #PL #HU #CN
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Ten years of Brexit: How have UK equities and the pound performed?
Almost a decade after British voters chose to leave the European Union on 23 June 2016, the FTSE 100 has been hitting record highs.