Outflows from UK equity funds gathered pace in August, with £2.6bn of assets being pulled from the market area over the course of the month, according to Morningstar’s latest fund flows report.
‘Launched at very relevant time’
Quilter's Jennifer Christian joins as investment specialist
£8.7bn withdrawn from funds
Fixed income and equity offering
Morningstar sees 'building investor interest' in ESG space in January data
Hargreaves Lansdown suffers significant withdrawals on multi-manager funds trapped in LF Equity Income
Two largest mandates lose nearly £400m between them
‘Widespread problem’ researchers claim
'Benefit from healthy cash levels'
'5% of months determined performance'
'UK investment case remains strong'
The Woodford Income Focus fund (WIFF) lost a third of its assets in the month of June alone, as investors continued to flee from funds managed by Neil Woodford, according to data provider Morningstar.
'Heavily influenced by Morningstar'
FCA needs to review fund structure rules
€2.4bn from Equity fund
Flurry of tie-ups expected in coming months
Cyrique Bourbon joins London office
Five multi-asset portfolios