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UK equity fundsCityAM
•77% Informative
Investors sold a 2.7bn stake in funds throughout the month in anticipation of Chancellor Rachel Reeves hiking capital gains tax, up from 564 m of withdrawals in September .
UK -focused funds bore the brunt of the selling as UK equity funds lost 988 m in October .
US equity funds weren’t spared either, with investors taking out 135 m in their first outflows in over a year .
VR Score
80
Informative language
81
Neutral language
40
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formal
Language
English
Language complexity
49
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not detected
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Time-value
short-lived
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1
Source diversity
1
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