IA: Index trackers attract £3.4bn in July
Active funds lose £2.1bn, according to Investment Association
Active funds lose £2.1bn, according to Investment Association
August marked by rate cut discussions and selloff at beginning of month
July marked the best month for inflows into long-term Europe-domiciled funds since January 2023
Industry commentators predict September rate cut from the Fed
IA Japan housed the most funds achieving consistent top quartile returns
Could the economy’s unexpected shrink in Q1 derail the enthusiasm for Japanese equities?
Largely driven by inflows into fixed income products
Weightings to government bonds and cash reduced
‘Governments, and their agents such as central banks, are very much involved in controlling economies and financial markets’
US equities experience £1.5bn in inflows for first three months of 2024
Nine of the 10 best performing funds specialised in gold or commodities
Domination of mega caps has ‘never continued indefinitely’