Calastone: Equity flows positive for first time in half a year
Improved market sentiment and rising prices tempted UK investors back
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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Global equities pulled in a net £18.9bn since July 2021, while regional strategies suffered £21.1bn outflows
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Equities shunned for fixed income despite a global stock market rally
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ESG equity funds see largest outflows on record
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While ESG equity strategies suffer worst ever monthly outflows in May
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Investors pumped £1.4bn into equity funds in April but the outlook remains uncertain
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Estimated £4bn outflows in the first quarter of 2023, according to Numis
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Fund flow data shows investors continue to trim their domestic weightings
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Brian Godins is one of three senior appointments at the firm
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