Calastone: Profit taking prompts £1.1bn outflow from UK-focused funds
While fixed income funds recorded their second worst month of withdrawals on record, according to the Fund Flow Index for May
While fixed income funds recorded their second worst month of withdrawals on record, according to the Fund Flow Index for May
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Inflows were up five times compared to last year’s ISA season
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Net inflows to North American funds were higher over the last four months than in the previous nine years combined
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Investors have shown no signs of breaking their broader entanglement with the Magnificent Seven
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ESG funds bring in £1.54bn across markets
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Investors added £2bn to equity funds in January in one of the best months on record, but Calastone warns that returning confidence ‘should be treated with caution’
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Rising equity markets pushed the value of mutual funds up by $10.7trn
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While 2023 flows as a whole belonged to money market strategies
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Improved market sentiment and rising prices tempted UK investors back
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The sixth consecutive month of net selling saw £1.2bn of outflows
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Marks 28 months of consecutive outflows for UK equities
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UK equities funds once again struggled to retain money
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