Equities Bear the Brunt of Anticipated Budget Tax Rises in October Outflows - IA Monthly Retail Stats Release
December 06, 2024
December 06, 2024
LONDON, England, Dec. 6 (TNSres) -- The Investment Association issued the following news release on Dec. 5, 2024:
* * *
* pound sterling5.9 billion outflow from funds in October, marking the third worst month on record.
* Equity funds were particularly affected with outflows totalling pound sterling4.2 billion in October. UK Equity outflows also rose to pound sterling1.3 billion, their highest level since May 2024.
* Outflows across asset class . . .
* * *
* pound sterling5.9 billion outflow from funds in October, marking the third worst month on record.
* Equity funds were particularly affected with outflows totalling pound sterling4.2 billion in October. UK Equity outflows also rose to pound sterling1.3 billion, their highest level since May 2024.
* Outflows across asset class . . .