The January outflows more than reversed the £2.3bn inflows recorded in December 2024 and also bucked the positive flows in November.
Active funds in general, and equities, particularly UK equities, were hardest hit.
UK equity funds suffer ninth-year of outflows in 2024
Investors were reacting to high levels of uncertainty that began the year, the IA said, adopting a ‘wait and see’ approach.
Factors including confusion over interest rate cuts, the impact of then-anticipated tariffs from the newly elected President Trump and a market shake up with the blasting onto the scene of De…
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