Between January and February, outflows from funds dropped from £3bn to £562m, according to data from the Investment Association (IA) released today (3 April).
UK equity funds continued to dominate the significant equity outflows, bleeding £1.4bn in February of the total £1.6bn shed by the entire asset class over the course of the month.
Jupiter outflows surge to £10.3bn amid value desk redemptions
This marked a slight reduction from the £1.7bn that investors took out from UK equity funds in January.
By contrast, the IA noted that “as investors looked to diversify their investm…
Read the full article here
