Active equity funds suffer worst ever outflows in Q3, beaten hands down by index funds, and investors continue flight to safety ______

Here are some of the key highlights from this month’s FFI:

• Active equity funds see record fourth consecutive quarter of outflows
• Q3 outflows were the biggest ever
• Active UK equity funds were the hardest hit but global funds bucked the trend
• By contrast, equity index funds saw inflows in Q3, and record inflows over the last 12 months
• Collectively, however, equity funds (active plus passive) shed capital at a record speed in Q3
• The flight to safety was apparent across all asset classes in Q3 – fixed income and money market funds benefitted, but property, absolute return, and commodity funds lost out
• September saw the flight to safety continue, but at a slower pace than earlier in Q3

To read further insights from the FFI, please click through this link