UK-domiciled open-ended funds saw net inflows of £7.3bn in December, with overall equity and fixed income flows significantly boosted by Access fund launches, the latest Morningstar fund flows data shows.
Equity funds saw net inflows of £2.4bn for the month, roughly equivalent to the figure raised for the launch of the LF ACCESS Global Alpha Equity fund, which masked the £1.3bn net outflow from active equity vehicles. Multi-manager funds up equity allocations as European funds find favour in Q2 2020 Within Morningstar categories, UK Large-Cap Equity, UK Equity Income and Global Equity Income proved to be the least popular of the month, with net outflows of £1.2bn, £762m and £452 respectively. However, Global Large-Cap Blend Equity was the most popular category for the month, attract...
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