Key facts
- UK investors pulled money from cash funds last month.
- Investors moved money into bonds.
- The shift was driven by surging yields.
- Data was compiled by Calastone.
UK-based investors demonstrated a notable shift in their investment strategies last month, moving substantial funds out of cash vehicles and directing them into bonds. This reallocation was primarily motivated by the allure of surging yields available in the bond market. The trend was identified through fund flow data meticulously compiled by Calastone, a significant entity in the financial data compilation space.