Record £25.7bn pulled from funds in 2022

Investment Association data

Kathleen Gallagher
clock • 2 min read

UK investors withdrew £25.7bn from funds in 2022, the first annual outflow recorded by the Investment Association.

In December, £282m was taken from funds, meaning ten out of 12 months last year funds recorded outflows. Total funds under management stood at £1.4trn at the end of the year. Responsible funds managed to scrape net inflows of £5.4bn throughout the year, with trackers funds also seeing inflows of £11bn. Chris Cummings, chief executive of the IA, said: "UK retail investors faced a challenging year in 2022, as inflation soared following the Russian invasion of Ukraine, which caused energy and supply shocks. "Investors grappled with a cost-of-living crisis and returns from stocks and b...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week