- Why Calastone?
Despite the FTSE 100 recently reaching an all-time high, UK-focused equity funds nevertheless suffered their third-worst month of outflows on record in January. Investors withdrew a net £868m from their holdings, according to the latest Fund Flow Index from Calastone, the largest global funds network. For every £1 of sell orders of UK-focused funds, Calastone saw just 59p of buy orders in January – no other fund sector saw a mismatch this large, and not a single trading day saw net buying.
Key highlights from this month’s FFI: