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Bond funds enjoy third-best month on record in June as investors diversify risk away from equities, while multi-asset funds boom

Fund Flow Index - July 2026

Bond funds attracted £1.06bn of net inflows in June, making it the third-strongest month for fixed income funds on record, as investors continued to rebalance portfolios towards assets offering income and diversification and away from highly valued equity markets.

Key highlights from this month's FFI:

  • Bond funds attracted £1.06bn in June, their third-best month on record.
  • Investors are rotating from equities into bonds and diversified multi-asset funds.
  • Equity funds shed £437m despite steady markets.
  • Multi-asset funds gained £1.97bn in June and a record £11.9bn in H1 2026.
  • Bonds attracted £2.29bn in H1, while equity funds saw £2.67bn of outflows.
  • Asia-Pacific equity funds suffer a record 38th consecutive month of outflows.