- Why Calastone?
August was a strong month for equity funds, with inflows rising to £1.3bn. Since the sea change in sentiment towards equity funds that accompanied the announcement of successful clinical trials of Pfizer’s, Moderna’s and AstraZeneca’s Covid-19 vaccines in November 2020, investors have added £17.2bn to their equity holdings. This means more than a third of the net inflows to equity funds (35%) since 2015 has taken place in the last ten months alone.
Key highlights from this month’s FFI: