Calastone: Vaccine hubs spark record equity inflows in April

Year-to-date total inflows into equity funds reached £6.9bn

UK investors added record new capital to equity funds for the second month in a row, with net inflows hitting a staggering £2.98bn in April, according to the latest figures from Calastone.

The last six months has seen four of the best months of inflows to equity funds on record, and the year-to-date now stands at £6.9bn as investors target vaccine hotspots in high hopes for post-pandemic boom. Calastone: Equity fund inflows surge to £2.4bn in December Investors favoured global funds, which absorbed £1.6bn, North American funds, which saw record inflows of £576m and UK equity funds which enjoyed inflows of £303m. In the last three months, a turnaround in sentiment towards the UK means UK equity funds have recouped all the outflows from the previous six months. Edward ...