UK INVESTORS ADD RECORD $34 BILLIONS OF STOCKS IN 2024

UK investors added a record 27.2 billion pounds ($34 billion) to their stock holdings in 2024, funds network Calastone said on Wednesday, as a surge in investments in index-tracker funds dominated.

The net inflows into equities topped the previous highest mark of 19.8 billion pounds set in 2021 in Calastone's 10-year data set, with surging inflows into passive products behind the jump, up from 8 billion pounds of inflows in 2023.

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