'Nervous' investors retreat despite record month for active ESG equity funds

Savers 'adding to rainy day funds'

David Brenchley
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Investors poured £385m into equity funds – the highest level in four months
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Investors poured £385m into equity funds – the highest level in four months

Nervous investors pared back their fund buying in September as they "add to their rainy-day funds and fret about taking on more investment risk at a time of such uncertainty", according to global funds network Calastone.

Fund inflows across all asset classes in September were just £1.1bn, the firm said in its latest fund flows index, despite equity funds seeing their highest level of buying since May. Investors poured...

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