Morningstar: UK equity funds suffer £2.6bn August outflows

Lauren Mason
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UK equity funds suffer £2.6bn August outflows in latest Morningstar fund flows data
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UK equity funds suffer £2.6bn August outflows in latest Morningstar fund flows data

Outflows from UK equity funds gathered pace in August, with £2.6bn of assets being pulled from the market area over the course of the month, according to Morningstar’s latest fund flows report.

Equity funds across the board saw a small net redemption but UK vehicles proved least popular as the stockmarket continued to lag its peers. Some £213m of outflows were attributable to AXA Framlington...

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