UK-focused funds suffer withdrawals
This is a UK news story, published by The Times & The Sunday Times, that relates primarily to Calastone news.
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Equity income fundsThe Times & The Sunday Times
•Equity markets feel the chill from Labour’s gloom
78% Informative
UK -focused funds saw net withdrawals of 666 million in September .
Investors pulled a net 564 million from fund holdings worldwide, ending ten-month run of near-record inflows.
All other geographically focused fund sectors saw inflows, according to Calastone , a global fund network.
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