Equity funds see highest inflows since April last month as investors shake off 'Red October'

£782m in equity funds

Equity funds posted their strongest inflows since April last month, according to Calastone, as investors looked to take advantage of the sharp sell-off at the end of October.

According to the firm's Funds Flow Index (FFI), equity funds saw inflows of £782m in November, its best month since April, while the FFI Equity rose to 52.9, its highest since January. Meanwhile, the FFI North America jumped to 60.1 as North American equity funds posted their strongest net inflows in over a year. Bond funds shed £1.6bn in October amid worst retail outflows since EU referendum The Calastone FFI is a monthly report that measures investor sentiment for UK investors. It shows the net inflow and outflow of capital to and from open-ended investment funds relative to the ...