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Equity funds recorded their biggest outflows last month, according to the latest fund flow index from Calastone Ltd, marking a persistence in monthly exists. According to Monday’s report, a ‘record’ £3.63 billion was taken out by investors from their equity fund holdings in October, with this representing the fifth consecutive month of such asset outflows. The protracted selling marks the longest period of disposals since the Brexit referendum back in 2016, said Calastone, adding that from June to October, a net of £7.36 billion was withdrawn from equity funds. The company said this was ‘easily’ the largest outflow on its record. Calastone said the persistent selling comes amid concerns around the upcoming UK budget statement, which could include further tax rises, and ‘soaring’ share prices. The funds network said Global, North American and technology funds also realised ‘heavy’ withdrawals, and stated that investors are moving some capital towards lower-risk assets. Calastone noted a ‘record’ £955 million shifted into money market funds, and £589 million into fixed income. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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