Flows into UK-domiciled funds suffered their worst month since October 2016 last month, according to global funds transaction network Calastone, as concerns over the strength of the global economy caused increasingly bearish sentiment.
According to the firm's Fund Flow Index (FFI), net inflows into UK-domiciled funds dropped to just £39.8m, marking a 99.3% fall from December 2017, while the FFI fell to 50.1, its lowest reading since...
The US dollar is close to peaking and the risks now seem to be on the downside.
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