"The direction of stock markets was undoubtedly the main concern for investors, with £870m pulled from equity funds, while fixed income and multi-asset funds saw inflows overall.
"Outflows from European equity funds ramped up to their highest level since the ‘Leave’ vote in 2016, with £412m withdrawn from the funds. Meanwhile UK funds saw £135m of outflows, however, this is a significant improvement on previous months."
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david.thorpe@ft.com
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