According to flows data from the Investment Association, investors pumped £991m into equity funds over the course of the month, a shift in tone from October’s £488m outflows.
Within the asset class, North America enjoyed the greatest regional sentiment boost, drawing £115m from investors, followed by Japan’s £47m, with the remaining regions all suffering outflows.
Money market funds enjoy ‘best year on record’ with £4.4bn inflows
Europe (£305m) and Global (£314m) funds took heavy losses, but the UK remains the outcast, suffering a further £819m of outflows in a single month.
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