Some of the key highlights from this month’s FFI:
- The FFI rose to 53.2 in January, but the better figure masked underlying weakness in appetite for most asset classes
- Only mixed asset funds saw strong inflows; all other asset classes were neutral or negative
- Property and fixed income performed poorly
- Equity inflows were a touch above neutral, driven by appetite for global funds
- European funds saw heavy selling; UK equity funds were neutral for the month, but saw several days of outflows closely related to Brexit events
- Brexit has now driven £57bn of funds offshore
To read further insights from the FFI, please click through this link