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Jittery investors yank £604m from equity funds on Ukraine crisis: ‘Buyers have gone on strike’
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Investors spooked by Russia’s invasion of Ukraine pulled more than £600m from equity funds in the final few days of February, reversing what would have been a buoyant month.
Data from Calastone, which tracks money entering and leaving funds from UK financial advisers, fund supermarkets and wealth managers, shows equity fund suffered — inflows for the whole of February came in at just £42m.
Equity...
Read more on fnlondon.comAbout this in other media
Four Payment Operators Join in Suspending their Services in Russia amid Ukraine Crisis blockchain.news /2 years ago
Ukraine crisis puts Sunak under new pressure to axe national insurance rise theguardian.com /2 years ago
Ukraine crisis: how you can help from the UK by donating cash and supplies theguardian.com /2 years ago
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