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Tech sector leads H1 2023 gains funds-europe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from funds-europe.com Daily Mail and Mail on Sunday newspapers.
Three-quarters of investors would avoid property if notice periods implemented investmentweek.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentweek.co.uk Daily Mail and Mail on Sunday newspapers.
Investors yank £800m from M&G Property Portfolio within first month of reopening May’s outflows were ‘pretty horrific but not unexpected’ The M&G Property Portfolio has been battered by redemptions after re-opening its doors in May for the first time in 17 months. But by the end of the month, this had dwindled to £1.3bn after investors yanked £806m from the fund, according to data from Morningstar. A spokesperson for M&G said the firm could not comment on the flows data but said initial outflows had been fairly consistent with expectations. Ben Yearsley, investment consultant at Fairview Investing, described May’s outflows as “pretty horrific but not unexpected”. “Unfortunately for M&G, the outflow will continue albeit at a slower pace,” he said. ....
UK small cap funds see second highest inflows on record in April IA UK Smaller Companies took in £240m in April as economy began opening back up UK small cap funds enjoyed a bumper April, recording their second highest inflow on record, as investors bet on the domestic economy following the relaxing of Covid restrictions. Savers poured £240m into the IA UK Smaller Companies sector last month, up from £217m in March, according to data from the Investment Association. This was its highest monthly inflow since the record £279m in December 2019. UK equities as a whole took in £46m of net retail inflows in April, with UK Smaller Companies’ strong performance offsetting outflows from the UK All Companies and UK Equity Income sectors which lost £65.7m and £128m respectively. ....