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UK funds remain out of favour
Funds investing in UK equities have suffered net outflows of £1.4bn during September, while fixed income remained in favour, according to the latest monthly report on UK-domiciled funds from Morningstar.
According to the report, a net inflow of £220m into the Vanguard FTSE UK All-Share index was not enough to offset the £500m outflow from the equivalent State Street UK Equity Tracker, contributing to total...
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