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UK equity fund exodus continues as investors yank more than £8bn

Investors are not convinced that Raspberry Pi’s successful London listing is a sign that the UK equity market is on the brink of a turnaround

By David Ricketts
Billions continues to flow out of UK funds as policymakers push for reform
Billions continues to flow out of UK funds as policymakers push for reform Photo: Getty Images/Westend61

Investors continue to shun UK-focused funds, despite predictions more takeovers, an uptick in IPOs and a looming change of government could help revive the British stock market.

According to Morningstar data, £8.4bn was pulled from UK equity funds between January and April.

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