Calastone: Equity fund inflows surge to £2.4bn in December
Rise driven by vaccine optimism
The prospect of mass vaccination boosted stockmarket valuations, according to Calastone
Vaccine optimism helped equity fund inflows surge to £2.4bn in December, the second-best month on record, according to new data from Calastone.
This took equity fund inflows to a five-year high of £4.6bn in the fourth quarter of 2020. For the whole of 2020, equity inflows were £7.5bn, almost four times greater than 2019. "The coronacoaster...
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