Lipper: Bonds attract €24.5bn amid rate cut anticipation
Equities also attracted over €18bn
Equities also attracted over €18bn
Commodities experience largest outflows since Morningstar’s recording began in 2007
‘Time to be a shade contrarian’
Investors are scurrying to lock in decade-high yields before rate hikes bring then down to earth
Firm sees a ‘target-rich environment’ for multi-asset portfolios
Passive funds were the most popular purchase, accounting for 74% of all sales over the period
Markets scaled back expectations of rate cuts in the US for 2024 from six cuts to two
The UK’s debt burden is high and it is not master of its own destiny
Inflows were up five times compared to last year’s ISA season
Real wealth has fallen by 15% from 2021 peak
Bond yields are looking significantly more attractive than they were in 2020, writes Morningstar Wealth’s Mark Preskett
Havelock London leads for most-searched fund group and individual active fund