Middle East tensions caused fund flow pause in June – where did investors put their money?

Investors remained cautious in June amid rising Middle East tensions but there was more of a pause than a panic for investment fund flows

investing graph
(Image credit: Getty Images/primeimages)

War in the Middle East appeared to deter investors from the stock market in June but caused more of a pause than a panic.

The latest Fund Flow Index from Calastone shows a net £98 million was withdrawn from equity funds last month while more money went towards fixed income and safe haven markets as well as lower-cost passive funds.

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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.