Figures from the Investment Association from November show tracker funds had their lowest level of inflows since March 2021, which the body said demonstrated investors were wary of “the trajectory of markets”.
Trackers saw net retail inflows of £758m in the month, about half of the previous months flows of £1.5bn. The total funds under management of the tracker industry is £292bn and it has an overall share of 18.6% of the market. Chris Cummings, chief executive of the IA said US equities trackers and fixed income trackers were "particularly out of favour". "Active management has remained attractive to investors in November," he added. "However, it remains to be seen how investor attitudes will respond to the impact of the Omicron variant in December." Indeed, despite this hesitancy towa...
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