Fund outflows stemmed as market bottoms out

摘要

There was an 11-fold decrease in monthly outflows from private investor funds in February, showing that many private investors feel the market may have reached a nadir.Net outflows from private investor funds totalled ￡7m in February according to the Investment Management Association, compared with ￡77m in January.There has been a dramatic drop in outflows in the last three months, which peaked at f 253m in November, and stood at ￡242m in December.