The £3.4bn determine was second solely to April 2024’s file influx of £3.8bn on the peak of ISA season, in line with the info from the Funding Affiliation (IA).
UK traders additionally deposited internet £1.3bn into funds in July, with index trackers a typical vacation spot for capital.
UK fairness funds undergo highest month-to-month outflow on file
This marked the second consecutive month of inflows of over £1bn, whereas greater flows to mounted revenue and outflows from fairness “recommend that traders stay threat acutely aware”, the IA famous.
Though inflows into index trackers have been highest amongst equi…