Investors funnelled £3.4bn into index trackers in July, the second highest monthly inflow to trackers ever recorded, as UK investor confidence shows early signs of improvement.
The £3.4bn figure was second only to April 2024's record inflow of £3.8bn at the height of ISA season, according to the data from the Investment Association (IA). UK investors also deposited net £1.3bn into funds in July, with index trackers a common destination for capital. UK equity funds suffer highest monthly outflow on record This marked the second consecutive month of inflows of over £1bn, while higher flows to fixed income and outflows from equity "suggest that investors remain risk conscious", the IA noted. Although inflows into index trackers were highest among equi...
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