UK equity income funds haemorrhage £15.3bn since January 2016
Morningstar research
Morningstar has revealed the UK equity income sector has haemorrhaged £15.3bn since January 2016, with only a single month showing positive net flows since April 2016.
In a new report, UK Equity Income Funds Struggling to Retain Assets, Morningstar said poor performance was to mostly blame for the losses. Assets under management in the sector were £64bn in April 2019,...
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