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Vaccine rollout helps end dry spell for UK equity fund inflows

Modest inflows reversed a prolonged period of withdrawals with £2.2bn pulled since May 2020

Investment funds that invest specifically in UK-listed companies turned a corner in February, with the rapid rollout of Britain's Covid vaccination programme helping to spur positive inflows for the first time in eight months.

According to data from Calastone, which tracks money entering and leaving funds in the UK from financial advisers, fund supermarkets and wealth managers, UK equity funds gathered £145m of new money last month.

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