February was the worst month for all UK funds

On the 03.06.20 at 7:15AM


Tuba Raqshan

Equity funds were particularly hit by £1.55bn outflows in the last week of February, as markets crashed due to the global Coronavirus outbreak.

Global funds network Calastone revealed that while February started off with a modest £348m outflow from equity funds, the last week of the month turned out to be a nightmare for this asset class.

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