UK investors added £1.72bn to their equity fund holdings in June, according to our latest Fund Flow Index. Including June, five of the fifteen best months on Calastone’s record have been in 2024 alone. Indeed, the June figures extended a remarkably strong few months of inflows.
Key highlights from this month's FFI:
- H1 2024 - Record six months for equity fund inflows - £11.39bn
- June – Inflows to North American equities funds abruptly dried up
- June – Outflows from UK-focused funds slowed modestly
- Loss of interest in North American equities impacted ESG in June
- Bond funds saw outflows despite greater optimism on rate cuts – perhaps because equities are more favoured