New data from ISS Marketing Intelligence (ISS MI) revealed UK model portal providers (MPPs) have decreased their exposure to UK equities in Q2 and looked to other regions for better performance.
The data indicated that MPPs reduced their exposure towards the UK All Companies sector as its share of gross sales into model portfolios fell by 1.1 per cent in H1.
ISS MI’s UK Model Portfolio Sales Report also found that the UK’s FTSE All Share generated 10.1 per cent in returns for the 12 months to 10 October 2024, compared to the 33.6 per cent returns generated by the S&P 500 in that same period.
However, while UK equities may have dropped out of favour with MPPs, the data showed that they increased their overall equity allocation by four per cent in Q2. Around 60 per cent of model portfolio gross sales were attributed towards equity…
