In July, the sell-off of UK-focusded funds shrank to £207m according to Calastone's latest Fund Flow index. This slackening of capital exodus marked the lowest outflow figure since August 2021, when investors most recently began to turn their back on the UK equity market. UK equity funds suffer highest monthly outflow on record Following a sweeping Labour majority early in July (5 July), investors added £59m into UK-focused holdings, marking the largest one-day influx into UK equity funds over the month. A fall in selling by investors to a tenth below the monthly average, coup...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.uk