Calastone: Investors pull record £3.5bn from UK equities in Q1
While investors piled into US equities despite the S&P 500 dip
While investors piled into US equities despite the S&P 500 dip
|
|
While bond funds record their third strongest month on record for inflows
|
|
European and Asian funds also suffered net outflows in January as North American funds continue to appeal
|
|
Enthusiasm for equities did not translate to UK equity funds, which suffered £9.6bn outflows
|
|
UK equity outflows doubled, while bond funds recorded its third worst ever month, according to Calastone’s Fund Flow Index
|
|
While fixed income funds recorded their second worst month of withdrawals on record, according to the Fund Flow Index for May
|
|
Inflows were up five times compared to last year’s ISA season
|
|
Net inflows to North American funds were higher over the last four months than in the previous nine years combined
|
|
While 2023 flows as a whole belonged to money market strategies
|
|
Improved market sentiment and rising prices tempted UK investors back
|
|
The sixth consecutive month of net selling saw £1.2bn of outflows
|
|
Marks 28 months of consecutive outflows for UK equities
|
|