Amid continued outflows in 2024, passive strategies and global equity funds remain favoured, writes Giovanni Cafaro
UK funds have remained in outflow mode during 2024. Morningstar data suggests that UK-domiciled funds suffered net redemptions of £14bn in Q3, bringing the total for the first three quarters of the year to £31.5bn, to continue a trend that has broadly persisted since 2022. Looking across asset classes, equity funds faced the largest net outflows, with £13bn withdrawn year-to-date. Outflows have been primarily driven by UK equity strategies, while their global equity counterparts gained traction. Investors pulled out of fixed-income funds to the tune of £10bn during the first three quarte...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
