Allocation and fixed income funds dominated UK fund flows in October, as investors added £1bn in net inflows, according to Morningstar.
Equity strategies had mixed results over the month, with just £203m invested in equity funds overall. However, according to Morningstar, sustainable vehicles attracted significant inflows. Across all the UK Equity categories, however, the month recorded outflows of £1.9bn. BlackRock and Liontrust were among the most popular fund groups in October, although Morningstar said fund group assets remained "relatively stable" with few seeing significant inflows or outflows. Fidelity and Invesco were among the least popular in October. In Europe, flows into equity funds rose when compar...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
