UK mixed asset funds suffer 'unusually large' outflows in November

LSEG Lipper UK Fund Flows

clock • 2 min read

Mixed asset funds suffered the largest outflows of any asset class in the month of November, at £2.9bn, according to LSEG Lipper’s UK Fund Flows report.

The "unusually large" outflows featured a heavy contribution from mixed asset funds with absolute return strategies, Dewi John, LSEG Lipper head of research, UK and Ireland, noted, adding the funds had fallen "out of fashion" since the IA Target Return sector "reversed its popularity a few years back". LSEG Lipper: October sees biggest UK equity redemptions since Mini Budget By contrast, money market funds enjoyed their second positive month and recorded the largest inflows of any sector in November, collecting £1.5bn. John said: "Last month, I pondered whether the move of money ma...

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
member?

Login

More on ETFs

Cathie Wood's ARK Invest debuts first European ETFs

Cathie Wood's ARK Invest debuts first European ETFs

First funds since Rize ETF takeover

clock 18 April 2024 • 2 min read
LGIM adds Energy Transition Commodities ETF to fund range

LGIM adds Energy Transition Commodities ETF to fund range

18 commodities

Cristian Angeloni
clock 17 April 2024 • 1 min read
SSGA delists five ETFs from European exchanges to concentrate liquidity

SSGA delists five ETFs from European exchanges to concentrate liquidity

Borsa Italiana, Euronext Paris and LSE

clock 10 April 2024 • 1 min read
Trustpilot