Key highlights from this month’s FFI:
- Equity funds saw largest outflows in October 2023 since September 2022 mini-budget chaos
- UK-focused equity funds hit hardest, but income funds, European equities and sector funds also suffered large outflows
- ESG equities saw their sixth consecutive month of net selling as ESG hype fades
- Global equity funds and emerging markets bucked the selling trend – enjoying inflows
- Fixed income funds shed capital as yields continued to surge – but buyers are hovering
- Mixed asset funds saw record outflows
- Safe-haven money markets saw their third best month of inflows on record
View this edition of the FFI in full