UK investors withdraw £5.7bn after referendum

Investors in UK took £5.7 billion of stock market funds last month during the time of referendum. The investors withdraw £5.7 billion fro UK equity funds and a further £470 millions from property funds in July. Other money said to be appears to have deployed to other types of UK funds specializing in assets regarded as less risky. The net outflow from domiciled funds was almost £5 billion which is the heaviest level in at least three years.