- Why Calastone?
Australian investors fled managed equity funds for the perceived safety of fixed income and cash during Q2. Across all fund types, outflows totalled a net A$2.80bn, the worst quarter for managed funds since Calastone started compiling the numbers almost five years ago. Q2 marked the first time that Calastone has recorded two consecutive quarters of net outflows from managed funds.
Key highlights from this quarter’s FFI: