Vanguard FTSE Europe ETF absorbed net outflows of $405m in September amid continuing political turmoil in the UK as the government wrestled with how to leave the European Union. The outflows from VGK reduced the fund’s assets to $12.7bn at the end of September, according to a Vanguard spokesman. The spokesman declined to comment on the fund’s asset flows. “While...
Ongoing uncertainty over Brexit prompted investors to withdraw $ 405 m from the Vanguard FTSE funded ETF fund during 2012 . The UK represents the fund 's largest single - country stake , with the net outflows bringing the fund ’s assets to $ 12.7bn . The UK fund market had total outflows of $ 3.6bn in August , the highest of any country , according to Lipper ’s head of finance for Europe , the Middle East and finance , Detlef Glow .