UK assets saw the biggest fall in sentiment this month as concerns around the government's handling of Brexit weighed, according to the Lloyds Bank Investor Sentiment index.
The monthly index, which measures net investor sentiment towards an asset class, found UK equities and UK property posted the largest drop in sentiment between June and July, declining 7.2 percentage points (ppt) to 1.4% and 6.4ppt to 14%, respectively. Before the Brexit vote, UK property was one of the most popular asset classes with sentiment regularly sitting around the 50% level, but has taken a significant hit since largely due to liquidity concerns. Sentiment towards UK government and UK corporate bonds were also impacted by Brexit uncertainty, dropping 1.6ppt to -2.5% and 2.7pp...
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