Inflows into bonds rise as risk-averse investors shun equities for safer investments______

In April, rising share prices since the beginning of the year have done little to ignite investor enthusiasm for equity funds. Investors added a mere £62.7m to their equity fund holdings, taking the year-to-date total to £169m.

Some of the key highlights from this month’s FFI:

• Investors add just £62.7m to equity funds in April, taking YTD total to £169m
• This compares to an inflow of £4.0bn in the same period a year ago
• Despite almost no new money flowing into equity funds, investors are trading equity funds at record levels, indicating switching on a massive scale
• Bond funds, by contrast, see strong inflows in April
• Risk aversion rises

To read further insights from the FFI, please click through this link

This month Calastone has also produced a special report on Real Estate. If you would like to receive it, please email [email protected]