Equity funds faced a record outflow of funds in August amid their large-scale withdrawal by British investors, follows the data of the Calastone stock association. The withdrawn volume reached a record high of £1.93 billion (equivalent to $2.23 billion), which exceeds the maximum figures in 2016 when players were actively withdrawing their funds after the vote for Britain's exit from the European Union. The agency "Prime" writes about it.

According to Edward Glynn, head of global markets at the association, investors fear the stability of inflation and its particularly aggressive impact on the economy. Because of this, interest rates may remain high for longer than anticipated, and their elevated values in the current difficult economic situation put strong pressure on share prices, he added.

Meanwhile, major European stock indexes ended Monday up 0.18% to 0.87%, influenced by news from the Volkswagen carmaker about a Porsche IPO coming up. This triggered the growth of the concern's shares by almost 6%.