Retail funds saw net negative flows of £859m in January, compared to net sales of £4.2bn over the same month last year, according to the latest statistics from the Investment Association.
The figures follow a particularly volatile Q4 in 2018 which saw net outflows every month, amounting to £5.9bn for the quarter. Though flows were not as bad in January, they were substantially worse than...
Equities overweight down to 3%
Relates to 136 million transaction reports
Patience must be a watchword
MSCI has recently increased the Chinese A-share market's inclusion factor from 5% to 20%.
Change of objective