UK fund assets flatline at £7.7 trillion in 2018 - report

LONDON (Reuters) - UK fund assets totalled 7.7 trillion pounds in 2018, steady from the previous year but failing to rise for the first time since 2008 due to political and market uncertainty, the sector's leading trade body said on Thursday.Britain's fund management sector is second only to that of the United States and is larger than those in France, Germany and Switzerland combined, with 40% of assets managed for international clients, the Investment Association (IA) said.Assets have been..