Fixed income funds favoured by investors in October

USD government bonds attracted €10.8bn as investors turned their backs on UK large cap equity funds

clock • 1 min read

Allocation and fixed income funds dominated UK fund flows in October, as investors added £1bn in net inflows, according to Morningstar.

Equity strategies had mixed results over the month, with just £203m invested in equity funds overall. However, according to Morningstar, sustainable vehicles attracted significant inflows.  Across all the UK Equity categories, however, the month recorded outflows of £1.9bn.  BlackRock and Liontrust were among the most popular fund groups in October, although Morningstar said fund group assets remained "relatively stable" with few seeing significant inflows or outflows. Fidelity and Invesco were among the least popular in October.  IA fund flows: Investors pile £1bn into responsible...

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