The £3.4bn figure was second only to April 2024’s record inflow of £3.8bn at the height of ISA season, according to the data from the Investment Association (IA).
UK investors also deposited net £1.3bn into funds in July, with index trackers a common destination for capital.
UK equity funds suffer highest monthly outflow on record
This marked the second consecutive month of inflows of over £1bn, while higher flows to fixed income and outflows from equity “suggest that investors remain risk conscious”, the IA noted.
Although inflows into index trackers were highest among equi…
Investors turn away from equities as index trackers record second highest monthly inflows
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