Flows into equity funds slowed in January as coronavirus fears ramped up
Active funds took 'brunt of selling' during the month
Asia-focused funds were the worst hit in January due to the virus
Equity fund inflows fell sharply in January, with net flows down by more than two-thirds to £618m as the coronavirus outbreak created "a month of two halves", according to funds network Calastone.
Its Fund Flow Index for January showed two-fifths of new capital flowed into UK equity funds, although inflows into UK equities declined by three quarters month-on-month. The index revealed that in...
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