According to a leading index1, equity fund inflows reached £2.01bn in January, making it one of the top ten months ever recorded.
The highest inflows since April 2021, this increased investor confidence in equity funds indicates that UK investors are at their most bullish in almost three years, a significant milestone.
The January Index also highlighted that US equity funds had record inflows of £1.40bn, while European equity funds had their third highest month on record with inflows of £471m. After months of negativity, ESG funds experienced record inflows of £1.63bn, although positive, it’s too soon to identify this as a trend. Weak news from China meant outflows from Asia Pacific funds for a ninth consecutive month, while inflows to safe-haven money market funds slowed after months of strong buying.
1Calastone, 2024
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