IA Stats For May – Confidence In UK Funds Dwindles While Interest In Europe Returns
Optimism for the continent has returned for British Investors, who took £571 million out of UK funds and added £101 million back into European funds in May. This is according to the latest set of Investment Association (IA) data, released today which tells us where investors were putting their money in May 2021. You can find them here. Q1 2021 hedge fund letters, conferences and more Europe funds experienced inflows of £101 million, after four months of outflows, following a period of strong performance from European stocks.However, UK funds was the only equity fund region that experienced out...