Morningstar

UK-domiciled equity funds add £24.2bn

Total of 1,014 liquidations or mergers

Intense competition leading to fee cuts

40% increase year-on-year

Climate change affects choices of 87% high net-worth investors

Splits views on fund types

Diverging criteria often leads to confusion, experts warn

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.

With Morningstar

‘Launched at very relevant time’