Europe

Markets

Brexit Wipes Off $42B Value From UK Funds' Assets

The value of UK funds' assets under management has dropped by more than $40 billion in the three weeks since Britain's vote to leave the EU, largely due to the plunge in the pound, fund flows data provider EPFR said on Friday.

Markets

Brexit Wipes Off $42B Value From UK Funds' Assets

The value of UK funds' assets under management has dropped by more than $40 billion in the three weeks since Britain's vote to leave the EU, largely due to the plunge in the pound, fund flows data provider EPFR said on Friday.