Morningstar: Equity funds leak £18bn in second-worst year on record for outflows
Money market funds were the only asset class to achieve positive net flows in 2023
Money market funds were the only asset class to achieve positive net flows in 2023
Over half (60%) of asset classes made a positive return in 2023
City of London becomes most purchased investment trust while Royal London Short Term Money Market leads for funds
Five L&G passive funds in top ten
Portfolios are now ‘a world away’ from only being short-duration bond funds
Cautious multi-asset funds have been hit by outflows so far this year, says Square Mile Research’s Charlie McCann, while investors opting for riskier options are sitting pretty
Fund managed by Richard Hallett and Josh Bramwell
UK equities funds once again struggled to retain money
Available to UK retail investors
Following feedback from financial advisers
Fixed income funds saw £698m of inflows during July alone
Royal London and Abrdn money market funds among the most bought