Today news
About the same in other media
Fixed income funds suffer first net redemptions since October 2023
Reading now: 773
Capitulation on the bond markets was heavy, with investors pulling a net £643m from funds, the second-worst figure on record, only beaten by March 2020. UK-focused equity funds endured the same fate, also chalking up a second-worst month on record, as a net £1.11bn exited the space. The outflows are beaten only by June 2022's £1.14bn figure, which marks the worst month to date. According to the report, actively managed funds suffered the brunt of the UK equity withdrawals, shedding £792m over the month. Inflows into North American funds fell sharply but remained positive last month...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Crypto Startup Funding Surpasses $100 Billion Mark in 10 Years cryptonews.com /5 days ago
Equites, fixed income, and Gold: Axis recommends diverse multi-asset portfolios for optimal risk management. livemint.com /5 days ago
The UN says global public debt hit a record $97 trillion in 2023. Developing countries are hard hit abcnews.go.com /2 weeks 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.
