The short-term volatility of U.K. domiciled mutual funds is beginning to normalize after peaking in the aftermath of the “Brexit” result of the U.K.’s European Union referendum on June 24, 2016. The featured graph (above) shows the daily rolling ten-day volatility of funds in the Lipper Global Fund Classifications, popular in the U.K., going back one year. The short-term volatility spike evident post “Brexit”- vote can be seen clearly across most sectors, but it has been most marked in the U.S. and U.K. equities classifications. A similar spike in short-term fund volatility was seen in the aftermath of the China