- Why Calastone?
UK investors breathed a nervous sigh of relief in October as world markets stabilised. The latest Fund Flow Index from Calastone, the largest global fund’s network shows that outflows from equity funds slowed dramatically to £422m in October, having hit records in August and September of £1.9bn and £2.3bn respectively. There were significant differences between equity funds focused on particular geographies and categories, however. Overall, October was among Calastone’s top ten worst months for equity fund flows on record.
Key insights from this month’s FFI: