Access fund launches help drive UK December fund flows into positive territory
UK-domiciled equity funds add £24.2bn
UK-domiciled open-ended funds saw net inflows of £7.3bn in December, with overall equity and fixed income flows significantly boosted by Access fund launches, the latest Morningstar fund flows data shows.
Equity funds saw net inflows of £2.4bn for the month, roughly equivalent to the figure raised for the launch of the LF ACCESS Global Alpha Equity fund, which masked the £1.3bn net outflow from active equity...
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