Equity inflows dropped to £525m in May, according to Calastone’s Fund Flow index, down from slightly over £1.5bn the previous month, as investors sought European funds to diversify from risky businesses.
European equities had their best month since June 2024 with a net £369m inflows over the month.
US SMIDs bleed more than $13bn after ‘Liberation Day’
Meanwhile, global fund inflows were approximately a third of their three-year monthly average, standing at £546m in May, while US equities pulled in only £115m, their second-worst monthly figure since September 2023.
The dip i…
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