Equities, mixed assets and property funds lost a total of £1.1bn in June 2023, according to fund flow data from Calastone.
Equities suffered the biggest outflows over the month at £662m, followed by £384m being pulled from mixed asset funds and £79m outflows from property strategies. The outflows from equity funds in June were the largest since September 2022, according to Calastone. June 2023 also marked one of the ten worst months for equity outflows on the company's record. Calastone: ESG equity funds suffer worst ever outflows in May UK equity funds suffered the biggest outflows in June of around £612m, marking the 25th consecutive month of net-selling, Calastone noted. North American equity fun...
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