STORMY MARKETS DRIVE FLIGHT OUT OF ALL MAIN ASSET CLASSES AND INTO MONEY MARKET HAVENS______

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

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