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Investors pile back into equity funds, but ESG ‘gold rush’ may have peaked

Investor confidence is returning, but global, not UK funds are benefiting

'The increasing perception of the London stock market as an investment backwater has kept the pressure on to rebalance holdings away from UK shares'
'The increasing perception of the London stock market as an investment backwater has kept the pressure on to rebalance holdings away from UK shares' Photo: Jason Alden/Getty Images

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Investors piled back into equity funds last month at their fastest rate since December 2021, but the ESG "gold rush" may have peaked.

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