Some key highlights from this month’s FFI:
- UK-focused equity funds suffer fourth-worst outflows on record
- Surging infection rates, lockdown and Brexit brinkmanship drive investor distaste for UK assets
- European equity funds suffered far smaller outflows – just one fifth of the size of the UK-focused funds – despite equally bad news on the pandemic
- Traditional active funds were punished again, while ESG and index funds proved resilient
- Bond funds benefited from caution on equities, but property funds suffered big outflows as suspensions lifted