Lipper: Bonds continue to dominate in September as active funds suffer again
Equities funds collectively shed a net £1.62bn
Equities funds collectively shed a net £1.62bn
Five L&G passive funds in top ten
Marks 28 months of consecutive outflows for UK equities
Platform flows have fallen from £2.4bn to £1.2bn over one year
Global equities pulled in a net £18.9bn since July 2021, while regional strategies suffered £21.1bn outflows
July was the second-highest inflow month this year for equities ETPs
In aggregate London listed ETFs booked an £8.3bn net inflow in June
£1bn pulled from funds in June, including a net £858m from UK equities
Equities shunned for fixed income despite a global stock market rally
Current market cycle ‘proving to be particularly powerful’
Sectors saw combined inflows of £1bn in May
Fundsmith Equity was the only active fund in the top 10 list