Fixed income funds favoured by investors in October

USD government bonds attracted €10.8bn as investors turned their backs on UK large cap equity funds

clock • 1 min read
Equity strategies had mixed results over the month

Equity strategies had mixed results over the month

Allocation and fixed income funds dominated UK fund flows in October, as investors added £1bn in net inflows, according to Morningstar.

Equity strategies had mixed results over the month, with just £203m invested in equity funds overall. However, according to Morningstar, sustainable vehicles attracted significant inflows. 

Across all the UK Equity categories, however, the month recorded outflows of £1.9bn. 

BlackRock and Liontrust were among the most popular fund groups in October, although Morningstar said fund group assets remained "relatively stable" with few seeing significant inflows or outflows. Fidelity and Invesco were among the least popular in October. 

IA fund flows: Investors pile £1bn into responsible funds for seventh consecutive month

In Europe, flows into equity funds rose when compared with the past three months, according to Morningstar, with assets in long-term funds domiciled in Europe reaching €12,006bn. 

Those funds classified as Article 8 or Article 9 attracted €31bn and €9bn, respectively. 

However, it was USD government bonds that saw the highest net inflows during the month, attracting €10.8bn. 

The main laggard was UK large cap equity funds, which saw net redemptions of €1.7bn. 

More on Global

Richard Knight and Simon Gergel

What's in your stock-ings this year?

May be an ideal time for UK stocks

Simon Gergel and Richard Knight
clock 29 November 2021 • 4 min read
The fund is classified as Article 9 under SFDR

BNP Paribas AM launches Social Bond fund

0.68% OCF

Jenny Turton
clock 25 November 2021 • 1 min read

Foresight Sustainable Forestry Company raises £130m for IPO

Foresight Sustainable Forestry company shares will be available on Wednesday, 24 November

Jenny Turton
clock 23 November 2021 • 1 min read