BlackRock records third consecutive month of redemptions

According to Morningstar, which compiled the data, investors in the UK and across the continent were cautious in the wake of recent events such as the war in Ukraine. The iShares Continental European Equity index and HSBC European index faced the greatest redemptions (£434m combined), but growth-biased strategies such as Baillie Gifford European and BlackRock European Dynamic also experienced outflows. However, Morningstar did identify some winners in the Europe ex-UK equity category, such as Fidelity European, with £186m of net inflows. A further £1.7bn was redeemed from UK equity...