Equity funds saw their first monthly outflows in September since October 2023, with investors pulling a net £564m from their holdings, ending a 10-month stint of near record-breaking inflows.
Key highlights from this month's FFI:
- Equity funds saw outflows of £564m in September – the first since October 2023
- UK-focused funds bore the brunt of selling, with outflows of £666m
- All other geographically focused fund sectors saw inflows, though at a lower level
- Fixed income funds shed £769m in September as investors banked the profits of the bond-market rally
- Outflows from fixed income funds between August and September were the second largest on Calastone’s record