Today news
About the same in other media
ETFs gain ground on passive mutual funds as total inflows top £2bn
Reading now: 584
Passives took in £2.2bn of inflows in January, of which £1.3bn headed to mutual funds and £855m to ETFs, which Dewi John, head of research for UK and Ireland at LSEG Lipper, said signalled «more action» for ETFs. This compares to December 2023, when passive mutual funds gathered £3.5bn inflows as ETFs shed £41m. Within bonds, passive funds gained £809m, while ETFs attracted £552m. Across equities, passive funds gathered £452m inflows, while investors poured £290m into ETFs. Bond funds as a general asset class also saw this trend, netting £1.1bn in what was described as a «tale of two ...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Investors pulled £38.1bn from active funds in 2023 as cost of living pressure bites investmentweek.co.uk /2 months ago
Rathbones IM net inflows more than halve in 2023 investmentweek.co.uk /2 months ago
Total value of UK M&A rises in Q4 despite drop in number of deals investmentweek.co.uk /2 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
