Calastone: UK investors back European equities in cautious May
US fund inflows were at their second-lowest level since 2023, while European equities enjoyed their strongest month in a year
Investors in emerging markets are taking a view that the gap in GDP per capita can be closed by above-average growth in these economies and, consequently their equities markets, argues Caspar Rock, CIO at Architas.
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US fund inflows were at their second-lowest level since 2023, while European equities enjoyed their strongest month in a year
Inflows of £1.1bn were recorded in the month, almost double March’s £519m
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Global equities rose close to 6% in May when measured in US dollars
Research from HSBC Life (UK) conducted in partnership with Technical Connection
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