Equity funds suffer worst-ever quarterly outflows
Retail savers pull almost £5bn from equities in Q3 2019
Net UK equity funds outflows in September totalled £676m
Equity funds saw record quarterly net outflows in Q3 2019 with UK savers pulling £4.6bn from the asset class, data from the Investment Association (IA) show.
Investors continued their bearish tilt from equities to bonds in September, with stock funds seeing net outflows for the fourth consecutive month as £1.7bn was withdrawn. Conversely, the best-selling...
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