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Equity fund outflows reach £3.7bn: ‘Investors are nervous’

Investors pulled £662m from equity funds in June as they opted for fixed income and money market funds

June marked the highest withdrawals from equity funds since September 2022 when markets were plunged into chaos after the mini-budget
June marked the highest withdrawals from equity funds since September 2022 when markets were plunged into chaos after the mini-budget Photo: NurPhoto via Getty Images

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Investors have yanked £3.7bn from equity funds over the past 12 months, with outflows recorded in June marking the highest since markets were sent into a tailspin following the UK government’s mini-budget last September.

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