Lipper ETF flows: European equities and financials see largest outflows
In aggregate London listed ETFs booked an £8.3bn net inflow in June
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
ESG equity funds see largest outflows on record
While ESG equity strategies suffer worst ever monthly outflows in May
In choppy and uncertain markets, absolute return funds offer potential for positive returns
Investors pumped £1.4bn into equity funds in April but the outlook remains uncertain
In the US, investors pulled £4.2bn from ESG strategies
Estimated £4bn outflows in the first quarter of 2023, according to Numis