Flows into fixed income funds slow as investors turn to global equities
Popularity of passives helps Royal London, BlackRock and Vanguard
The Global Large-Cap Blend Equity category recorded a net inflow of £816m in February
Fixed income funds saw a lower level of net inflows in February, while the global large-cap blend equity Morningstar category attracted the most assets during the month, according to the latest fund flows data.
The Morningstar Manager Research UK fund flows data for February showed that fixed income attracted £155m in net inflows, with the lower level of flows "particularly noticeable", Morningstar said, compared...
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