The media report that over one trillion pounds Sterling has been withdrawn from UK investment funds since the Brexit vote. This will have undoubtedly been one of the major factors in the relative weakness of UK stock market performance recently, which should have been rather stronger given the help given to many UK listed companies by depreciation of the Pound.
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You can flood a pond but not an ocean (m)
The above is a paraphrase of a translated quote from the Chinese leader talking about US sanctions. The message is beautifully simple and reflects the confidence of modern China. But what can we take from it as investors?
It’s not cricket!
Talking about India – ups and downs
I am a follower of cricket and of course the highly regarded Indian cricket team is touring in the UK at the moment. England came out top of the one day international series but it was a good fight. India is also seen as a rapidly developing emerging investment market and has been a destination for large flows of investment funds in recent years. Of course, Brits know that Indian businesses can be large operations with multi national subsidiaries these days owning chunks of British industry, including such gems as Jaguar Land Rover.