Small-caps dominated the highest returns group since Brexit, in both the open and closed-ended space, research by Investment Week has found.
Since the UK voted to leave the EU six years ago today, it has been a volatile journey. Although the vote happened in 2016, a deal was not agreed until late 2020, when the UK finally exited the union on New Years Eve that year. Getting to that point was fraught with political and social splintering, culminating in Boris Johnson promising to ‘Get Brexit Done' as prime minister. Outside parliament, labour and goods shortages, immigration concerns and disputes around Northern Ireland played havoc on the UK economy and stock market. As a result, the UK has been materially out of favour wi...
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