Funds suffer third-worst month on record amid Budget fears
Investors withdrew £5.9bn from investment funds over concerns about Chancellor Rachel Reeves’ tax changes
Investors withdrew £5.9bn from investment funds over concerns about Chancellor Rachel Reeves’ tax changes
Outflows increased by 6,204% compared to 2023
Net outflows for Q1 stood at £0.1bn, representing 0.7% of funds under management
Total outflows increased to £2.1bn in the first half of its financial year