In what proved to be a challenging month across the board for European markets, the S&P Europe 350® posted its biggest monthly decline since the U.K. voted to leave the European Union.
U.K. equities compose roughly a quarter of the S&P Europe 350; they contributed over a third to the benchmark’s losses this month.
Volatility expectations increased, with the Vstoxx® Index climbing from 14.55 to 17.25.
