Key highlights from this month’s FFI:
- Equity fund investors added £3.9bn to equity funds between April and the first week of May, the biggest inflow on record in a two-month period
- But in June, they sold a net £1.2bn, banking the profits they have made on the market rebound
- June saw the fifth largest outflows on record for equity funds
- All categories of equity funds were hit by net outflows, except global funds
- Active funds took most of the impact, but even perennially bought passive funds saw a rare outflow too
- Investors parked their cash in the safer options of fixed income and money market funds
To view this edition of the FFI in full please go here
