Equity funds gather highest inflows in three years as investor confidence returns

Overall, £2bn was poured into equity funds in January, one of the top ten highest months in the index's history. UK investors in particular were at their most "bullish" since 2021, Calastone said. "January's equity fund inflows were primarily driven by a distinct surge in buying interest. The volume of buy orders jumped by one sixth compared to the monthly average in 2023, while the volume of sell orders was only 1% lower," the firm noted. "Safe haven" money market funds had inflows slowing to just £56m, about one seventh of 2023's monthly average inflows. The firm described this "tri...