Reuters
UK investors pulled money from real estate funds for the second month running in November, but sentiment towards equity and fixed-income funds improved, fund network Calastone said on Wednesday. Investors withdrew 88 million pounds ($110.70 million) from real estate funds overall last month, making it the second-worst month of the year for property funds after August's 121 million-pound net outflow, according to Calastone's data. The property outflows were driven by a decrease in buy orders, while sell orders remained almost unchanged, Calastone said.