Investors sold down equity funds for a record ninth consecutive month in February. Outflows accelerated to £927m for the month, making February the worst month since November, when budget jitters dominated sentiment. More than one sixth of the net outflow (£162m) came from specialist sector funds focused on the technology sector.
Key highlights from this month’s FFI:
- Equity funds saw record ninth straight month of outflows, with £927m pulled in February
- £12.2bn withdrawn since June 2025, wiping out more than a typical year of inflows
- Selling pressure drove February’s net outflows, with buying levels holding steady
- Active funds extended outflow streak to 14 months, while passive funds continue to attract inflows
- Specialist technology funds were notable losers – accounting for one sixth of outflows
View this edition of the FFI in full
