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 .
Ongoing uncertainty over Brexit caused investors to withdraw $405m from the Vanguard FTSE Europe ETF fund during September. The UK represents the fund's largest single-country stake, with the net outflows reducing 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 research for Europe, the Middle East and Africa, Detlef Glow.