UK investors are increasingly shunning regionally focused funds as their preference for global equities continues, according to data from Calastone.
According to the latest fund flow figures from Calastone, global funds have enjoyed net inflows of £51.3bn since 2015, compared with just £909m for all other geographical categories. Even when excluding UK funds, which fell significantly out of favour in the run-up to, and aftermath of, Brexit in 2016, regionally focused funds only saw £16.7bn of net inflows over the same time period. Since the start of 2015, net outflows from global funds have occurred in just nine months, compared to one in two months for all other regional strategies combined. According to Calastone, this trend has...
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