Image:
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...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes.
