This month’s Investment Association statistics reflected some familiar themes: the popularity of the US, the unpopularity of the UK and a general shrug towards Asia.
However, there appeared to be a discernible shift in sentiment towards Europe. Having seen outflows of £5.5bn in 2022 and £2.8bn in 2023, the outflows slowed markedly in November and December 2023, and halted in January 2024. Equity fund flows hit three-year high at £2.6bn in February This is not the only sign that investors may be rediscovering European markets. Fund flow data from Calastone showed investors increasingly directing capital towards European funds, and ESG-focused funds in particular. The latest BlackRock ETP fund flows data also showed a notable pick-up in flow...
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