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Stock pickers ride vaccine optimism to trounce passives with £1.3bn haul

Investors ploughed £1.3bn into active equity funds last month, but committed just £4m to passives

Data from Calastone shows UK investors ploughed £1.3bn into active equity funds last month — compared to just £4m funnelled into passives
Data from Calastone shows UK investors ploughed £1.3bn into active equity funds last month — compared to just £4m funnelled into passives Photo: James Matsumoto/Getty Images

Active equity funds continued their winning streak in August, gathering around 300 times more in new investor money compared to their cheaper, passive rivals.

Data from Calastone, which tracks money entering and leaving funds in the UK from financial advisers, fund supermarkets and wealth managers, show investors ploughed £1.3bn into active equity funds last month — compared to just £4m funnelled into passives.

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