Fund flows rose in April but did investors sell in May?

ISA season prompted the highest level of inflows into investment funds during April but the mood may have changed in May

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(Image credit: Getty Images/Utamaru Kido)

Investors flocked to equity funds in April amid the ISA rush at the end of the tax year but were more muted in May, industry data shows.

April is typically a busy season for fund inflows as investors look to use up their ISA allowance.

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Marc Shoffman
Contributing editor

Marc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. He also co-presents the In For A Penny financial planning podcast.