Fund flows are responding in surprising ways to the highest recorded volatility in the history of financial markets and the associated stock market crash, according to the latest Fund Flow Index (FFI) from Calastone, the largest global funds network. In a month of superlatives, overall, UK-based funds have seen the largest outflows on record for any month by a long shot, the most week-to-week volatility, and the biggest divergence between the appetite for different asset types on Calastone’s record. The FFI: All Assets dropped to a record low of 47.2 (a reading of 50 means buys equal sells).
Some key highlights from this months FFI:
To read this edition of the FFI in full, please click through this link