Appetite for UK equities slows in May as resurgent Covid fears dent enthusiasm
Flows into UK-focused equity funds halved from £303m in April to £147m in May
Calastone
-
-
Equity funds record highest month of net inflows since 2015
April saw investors plough £3bn into equity funds while outflows from property slowed significantly
-
Passive funds leave active in the dust as net inflows surge to $23.5bn in two years
Investors are behaving like fund managers by trading active funds opportunistically and ‘buying and holding’ index trackers
-
Covid and Brexit batter UK equity fund flows for fifth consecutive month
Investors voted with their feet in October pulling more than £350m
-
Equity funds sweep up £2.6bn as Covid bounce takes hold
Middle of the month saw buying frenzy as evidence showed pandemic outbreak was slowing
-
Coronavirus fears put abrupt end to Boris bounce
Net flows into equities fell by more than two thirds between December and January
-
Fund distributor brings blockchain to retail network
Global fund distributor Calastone has claimed it will be fully migrated onto a blockchain-enabled infrastructure by 2019.
-
Calastone enables auto rereg for 80 of FMs
Over 80% of UK fund managers can now automate their asset re-registration via associated third party administrators (TPAs), according to Calastone.