Home Hedge Funds IA Fund Flows Data: Investors Dump Equity Funds As Economic Uncertainty Continues

IA Fund Flows Data: Investors Dump Equity Funds As Economic Uncertainty Continues

49
0

Investors took £4.5 billion out of equity funds in June 2022, according to data published today by the Investment Association (IA) – the highest monthly outflow of the year so far and the second highest on record.

  • June IA data shows largest fund outflows this year
  • Equity funds saw the largest outflows of £2.3bn
  • Responsible investment funds bucked the trend to take £71m in June

Get The Full Henry Singleton Series in PDF

Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues

Q2 2022 hedge fund letters, conferences and more

 

Investors Pull Out From Equity Funds

Emma Wall, Head of Investment Analysis and Research, Hargreaves Lansdown

“Ever rising inflation, the continued atrocities in Ukraine, and Central Bank rate hikes across the world have all knocked investor confidence in June – leading to fund outflows of £4.5bn. This is the worst figure so far this year – and the second worst monthly outflow on record.

Equity funds were the least popular sector, as investors sought to reduce risk amidst the uncertainty. Global funds, which have been extremely popular over the past five years, were the worst hit. Mixed-asset funds also suffered, though those that target volatility were in inflow mode – one of the very few sectors attracting cash as investors prepare for yet more market jitters. Responsible investment funds also bucked the trend, taking £71m in the month of June.

July fund flow tables for Hargreaves Lansdown clients show that some optimism has returned in the last month, as markets regained some earlier losses, particularly tech and US markets. However, the most bought funds also include those with a focus on capital preservation showing that confidence remains low, and investors are steeling themselves for a bumpy ride.”

Top 20 Most Bought Funds July 2022 (Alphabetical order)

Artemis Global Income
Artemis High Income
Artemis Income
Baillie Gifford American
Fidelity Global Dividend
Fidelity Global Technology
FTF ClearBridge Global Infra Income
Fundsmith Equity
HL Multi-Manager Special Situations Trust
HL Select Global Growth Shares
JPMorgan Emerging Markets
Jupiter Asian Income
Jupiter Global Value Equity
Pyrford Global Total Return
Rathbone Global Opportunities
Stewart Inv Indian Subcontinent Sustainability
Troy Trojan
Troy Trojan Global Income
UBS Global Enhanced Equity Income
VT Gravis Clean Energy Income

About Hargreaves Lansdown

Over 1.7 million clients trust us with £132.3 billion (as at 30 April 2022), making us the UK’s number one platform for private investors. More than 98% of client activity is done through our digital channels and over 600,000 access our mobile app each month.

Updated on

Source link

Previous articleThe Inflation Reduction Act places a big bet on alternative mineral supply chains
Next articleVenture Capital Deals: August 8, 2022 – Small Business Finance News – Small Business News

LEAVE A REPLY

Please enter your comment!
Please enter your name here