IA: Investors pulled £2.4bn from equities ahead of Budget
September’s fund flow data showed investors taking action prior to the Autumn Budget, according to the Investment Association
September’s fund flow data showed investors taking action prior to the Autumn Budget, according to the Investment Association
The managing director says outflows from money market funds will ramp up as we head towards the new year
Outflows of £666m were seen from UK equity funds during the month of September alone, according to Calastone data
Third month in a row of overall inflows
New trade body will co-ordinate and promote the industry’s interests
Active funds lose £2.1bn, according to Investment Association
Active funds don’t come close to the high returns of the index trackers, with many multi-asset managers cutting their active exposure all together
Fixed income loses £1.2bn in June while net inflows into equity funds turn positive
Allocation to UK equities falls 10% in 10 years
Income-related fund research had been in decline
UK investors remove net £136m in May after March and April inflows
While climate and energy transition funds suffered