Retail investor sell-off leaves property funds unscathed

Retail funds flow

Capital flows into property funds remain steady as billions of pounds are pulled from bond and equity funds.

Net outflows from retail funds across asset classes totalled £2.1bn in November, making it the worst month since the EU referendum. However, in contrast to the month of the Brexit vote in June 2016, property funds escaped unscathed.

They attracted net inflows of £19m while equity funds and fixed-income funds experienced net outflows of £467m and £1.2bn respectively.

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