LSEG Lipper: October sees biggest UK equity redemptions since Mini Budget

Monthly data flows

October exhibited the most severe redemptions on UK equities since 2022’s Mini Budget fall, data from LSEG Lipper show.

In its monthly UK Fund Flows report, Lipper recorded £7.5bn worth of outflows from UK equity funds. By contrast, money market funds received £4bn in inflows, which Dewi John, LSEG Lipper head of research, UK & Ireland, said was "as startling" as the equity figures. Autumn Statement 23: 'Last roll of the dice' for government pre-election "The UK market has bucked the international trend of positive flows to these vehicles over the year, spurred by the decent yield on cash and bruising bond market conditions," he said. "UK cash funds, in contrast, have haemorrhaged cash over the y...