Investors plough record £2.6bn into equity funds in April
Calastone data
£1.1bn went into global equity funds last month
Investors poured a record £2.6bn into equity funds in April as they looked to benefit from a relief rally in stockmarkets after a sharp fall during February and March, data from Calastone show.
Following two months of net outflows from equity funds and inflows for cash products while markets plunged on concerns over Covid-19, that trend reversed dramatically in April. Global equity funds,...
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