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Total funds under management have fallen on the previous year, down to £1.4trn from June 2021’s £1.5trn.
All asset classes experienced net outflows over June 2022 as investors continue to adapt to the changing market landscape, marking it the worst month this year and second worst on record.
According to figures from the Investment Association, investors pulled a net £2.3bn from equity funds, with globally diversified equity the worst performer, contributing £1.3bn of outflows alone. ...
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