Square Mile's Martin Ward: Five UK fund picks five years on from Brexit

Almost indiscriminate selling of UK equities

The 31 January 2025 marks the fifth anniversary of the UK’s formal withdrawal from the EU and the intervening period has borne witness to major challenges on a global and domestic scale.

Initial concerns over the impact of new restrictions on UK businesses trading with the EU were soon eclipsed by the Covid-19 pandemic, which forced a global lockdown on a scale without precedent. This led governments around the world to focus on measures to shore up their respective economies, with interest rates in the UK cut to their lowest ever level of 0.1%. Inflation began moving higher in 2021 and continued soaring in 2022 following the Russian invasion of Ukraine. UK equity funds suffer ninth-year of outflows in 2024 This led to interest rates rising aggressively in an at...