UK equity funds see first monthly inflows in two years

Poor month for equity fund sales overall

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“Reversal of fortunes” for UK equity funds
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“Reversal of fortunes” for UK equity funds

UK equity funds saw net inflows for the first time since April 2017 in May as investors poured £532m into the unloved asset class.

The "reversal of fortunes" for UK equity funds comes amid weaker equity fund sales, which saw combined outflows of £78m, as fixed income attracted the most inflows of any asset class for the third month...

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