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
