Here are some of the key highlights from this month’s FFI:
- Equity funds see £1.3bn of outflows, the largest since October 2016
- UK-equity funds hit hardest, but almost all equity fund categories saw outflows
- Daily trading patterns show selling of UK-equity funds was closely linked to growing rhetoric on no-deal Brexit ahead of the appointment of the UK’s new government
- Active-equity funds saw record outflows
- Lower risk asset types, like fixed income, benefitted from investors’ appetite for lower risk
- Brexit fears spurred sharp increase in flows of capital to offshore funds
To read further insights from the FFI, please click through this link
