Calastone: UK equities suffered £962m outflows in February 2023

Third worst month on record

Cristian Angeloni
clock • 3 min read

UK investors pulled a total of £962m from equity funds in February 2023, the third largest outflows ever recorded.

February was also the 21st consecutive month of outflows from UK-focused equity funds. Calastone's Fund Flow Index saw investors pull £581m from equity funds, making UK equities "by far the least popular sector with their domestic investors", the firm said. Calastone: Investors pull a record net £1.9bn from equity funds in August US and European equities also faced high levels of outflows, with £368m and £250m pulled from North American and European equities, respectively. For Europe, February marked the 17th consecutive month of outflows. Asia Pacific also experienced higher le...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

The Committee said it found the Edinburgh Reforms had so far had “limited impact of the Government’s flagship financial services reform programme”.
UK

London Capital & Finance scars raise risk concerns over LTAFs among MPs

Review of Edinburgh Reforms a year on

Eve Maddock-Jones
clock 08 December 2023 • 3 min read
James Baxter-Derrington, editor
UK

The Autumn Statement addenda

Friday Briefing

James Baxter-Derrington
clock 27 November 2023 • 4 min read
SDL fund managers Eric Burns, Chloe Smith and David Beggs
UK

Sanford DeLand's Free Spirit manager Eric Burns on the UK as a 'dirty word'

Manager Eric Burns

Elliot Gulliver-Needham
clock 21 November 2023 • 3 min read
Trustpilot