IA: UK equities experience worst outflows on record in May
UK investors remove net £136m in May after March and April inflows
UK investors remove net £136m in May after March and April inflows
Changing the story around UK equities is essential to stopping outflows, say UK equity fund managers
Some £4.9m of AUM came from investment performance, market movement and foreign exchange
US equities experience £1.5bn in inflows for first three months of 2024
US sustainable flows deplete by $8.8bn
Second quarter sees net outflows of £1.7bn while AUM grows 1.3%
Exchange-traded funds received €16bn in February whilst mutual funds lost €5.9bn
Pessimism is rife in the UK, but Man Group’s Henry Dixon and Jack Barrat say it is worth challenging that widely-held mindset
ESG funds bring in £1.54bn across markets
Adjusted operating profit in the investments arm of the business shrunk by 62% in 2023
Passive bonds attract £18.2bn
Outflows increased by 36.3% compared to 2022