Morningstar: UK open-ended funds suffer largest outflows in over a decade

The net outflow of £8bn from equity funds last month eclipsed August's £5.2bn, which at the time was the worst month for investor redemptions in the asset class.  Equity categories bore the brunt of outflows in September. Investors redeemed £1.6bn from each of the Morningstar US large-cap blend equity and UK large-cap equity categories. Morningstar: All asset classes record outflows for first time since 2019 Active strategies saw £9.9bn of net outflows across all asset classes, while each mainstream asset class saw outflows for the first time in unison. The allocation category suff...