The percentage of assets in equity funds has declined from more than 80% of total industry assets in 2000 to just 56.7% this year, as UK investors switch in favour of alternative and multi-asset strategies, according to a report by Fundscape.
Its research contained in The Essential Guide to the UK Fund Distribution Landscape study found sales of equity funds reached their peak during the dotcom bubble at the turn of the millennium, but have...
'Gap between value and price as wide as I have ever seen'
Reduced UK outflows
Draws attention of FCA
Subject to shareholder approval
Adds £60m of assets
Up to £2,500 a month