However, there appeared to be a discernible shift in sentiment towards Europe. Having seen outflows of £5.5bn in 2022 and £2.8bn in 2023, the outflows slowed markedly in November and December 2023, and halted in January 2024.
Equity fund flows hit three-year high at £2.6bn in February
This is not the only sign that investors may be rediscovering European markets.
Fund flow data from Calastone showed investors increasingly directing capital towards European funds, and ESG-focused funds in particular.
The latest BlackRock ETP fund flows data also showed a notable pick-up in flow…
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