In March, the buyers' strike among investors in equity funds continued, with investors adding a net of just £74m to their equity fund holdings, resulting in an FFI: Equity of just 50.2 (a reading of 50 indicates that buys equal sells). This was the 9th weakest monthly inflow for equity funds since FFI records began.
- Equity funds see just £120m of inflows in four months – equivalent to a typical single day of inflows in December 2017
- UK funds buck the trend, seeing inflows accelerate as investors increasingly recognise how cheap UK assets have become
- European funds remain very firmly out of favour with March being the 11th consecutive month to see outflows
- Risk aversion rises significantly as higher risk funds see largest outflows since 2016