BlackRock dominates UK fund flows in July

Throughout July, UK open-ended funds received £1.1bn in inflows, a strong reversal of the £986m net outflows in June, meaning there has now been net inflows in six of the seven months of 2023. The fund with the highest inflows was the Blackrock ACS US Equity Tracker fund, gaining £731m, while the runner-up HL Global Corporate Bond fund brought in £529m after it launched in July. Equity trusts dominate platform most bought lists despite recent alternatives issuance Other top-performing BlackRock funds included the Blackrock ACS Japan Equity Tracker fund, gaining £252m in inflows, an...