Key highlights from this month’s FFI:
- Q2 saw record inflows to equity funds – a net £6.2bn
- The last 12 months have seen inflows of £15.0bn, easily a record for any 12-month period
- June however saw a cooling in appetite to add more cash to funds
- Third-wave fears prompted outflows from UK-focused funds and lower buying of other categories of equity funds
- ESG funds stood out with rising inflows – they have accounted for 50% of net inflows to all equity funds year-to-date
- Record household savings mean the funds industry overall has seen the biggest inflows since 2018
