Risk-averse investors shun equities to seek safety in bonds in April

Despite the steady rise in global share prices since the beginning of 2019, Calastone's research has revealed this has done little to encourage investors to increase equity fund holdings. The year-to-date inflows into equity funds sits at a meagre £169m with £62.7m added last month, a "tiny drop in the ocean" compared to their total assets of £700bn. This compares to inflows of £4bn into equity funds between January and April last year, despite rocky stockmarkets. The FFI score for equity in April was 50.2 - just above the 50 neutral market where buying activity equals selling acti...