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UK investors add more to North American equity funds in Q1 than over last nine years combined
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investmentweek.co.ukBetween December 2023 and March 2024, UK investors have added £6.6bn to North American equity funds, which is more than the combined £6.3bn invested since the data study began nine years ago. North American equity funds attracted £1.7bn of new capital in March, bringing the total for the first quarter of the year to a record £5.7bn, which is more than triple the previous best quarter (£1.7bn in Q4 2020). Edward Glyn, head of global markets at Calastone, said: «The US earnings recession is over. Profits are once again on the up and that seems to be the main catalyst driving fund inflow...
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