Withdrawals continue but at slowing pace
Investors turn from real estate to fixed income for yield
Investors sold £48.3m of holdings in January in “bad start” to the year
Withdrawals from UK real estate funds last year stood at a quarter of the level of 2021
Market has suffered three years of net outflows, but redemptions are lessening month by month
Net outflows drop by 86% from a record high in March
Calastone figures show outflows decelerating for a third consecutive month
Investors pull more from funds in March than in January and February combined