Coutts shifts £2bn from UK shares to overseas funds, raising concerns amid market uncertainty | |
The bank featured advantages, for example, further developed expansion, more prominent speculation amazing open doors and lower exchange costs for clients. Charles Corridor, head of examination at Strip Chase, noticed that Coutts' shift addresses a significant shift of £1.96 billion from the UK market, fundamentally affecting the surge pattern from UK reserves. Last year alone, surges added up to £8 billion, as per Calastone. | |
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