Calastone: UK investors back European equities in cautious May
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Calastone: UK investors back European equities in cautious May
UK investors bought up European equity funds amid a more cautious May for fund flows. According to Calastone’s Fund Flow Index, overall net inflows to equity funds fell to £525m, representing a £1bn month-on-month fall. European equities enjoyed their strongest month since June 2024, as investors added a net £369m to their holdings. Edward Glyn, head of global markets at Calastone, said: “Global markets enjoyed strong gains in May as the Trump a…
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