UK investors slowed their purchases of equity funds in May, with inflows dropping to £525m, down from £1.52bn in April and half the average monthly inflow of £1.03bn over the last three years.
Key highlights from this month’s FFI:
- Equity inflows dropped to £525m in May, down by £1bn month-on-month
- Buying was selective – a strong month for European funds but much more caution on US and global funds
- UK-focused funds saw reduced outflows – down to half the average over the last three years
- Fixed income fund inflows returned in May as high market yields tempted investors – sovereign bond funds benefited most strongly
View this edition of the FFI in full
