- Why Calastone?
The vaccine-induced euphoria that saw equity funds enjoy their second-best month on record in December evaporated in January as contagious new Covid-19 variants prompted surging infection rates around the world. The latest Fund Flow Index from Calastone, the largest global funds network, showed that net inflows fell by 97.5% month-on-month to just £64.6m, no more than a rounding error in the context of busy trading volumes well above average at £21.8bn.
Key highlights from this month’s FFI:
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