According to Calastone Fund Flow Index (FFI), 2022 was not a good year for equity funds.
Key highlights from this month’s report are :
- Equity funds suffered outflows of £6.29bn
- UK-focused funds hit hardest by far with record outflows of £8.38bn
- Global funds enjoyed inflows – thanks to popularity of ESG
- Passive funds suffered first year of outflows on record and fared worse than active for second consecutive year
- Q4 saw optimism begin to return – equity funds saw inflows again (though UK remains out of favour)
- Hopes of an end to the interest rate cycle spurred fixed income inflows in Q4, after a difficult first few months of 2022
To read further insights from the FFI, please click this link.
Source: Calastone
