Funds News 

Following the herd into passive could end badly

Following the herd into passive could end badly

Investors have continued to take capital out of UK-domiciled open-ended investment funds in 2019, despite a relatively calm period for markets and a delay to the UK’s exit from the European Union (EU) until October. Figures from data company Morningstar show that investors took out nearly £5bn from investment funds in March alone, and over the past 12 months they have withdrawn nearly £30bn.

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