Total net retail sales reached their second highest level for 2015 in November at £1.7bn, according to latest figures from the Investment Association.
Equities continued to be the best selling asset class for the seventh month in a row with net retail sales of £1.1bn. The UK was the best-selling region for equity funds with net retail sales of £611m, followed by Europe with £367m and Japan with £134m. Global and North America were back in the black following outflows in October while Asia was the worst-selling region with outflows of £78m. Bond fund retail sales bounce back in October UK Equity Income returned as the best-selling sector with net retail sales of £448m followed by October's top-seller Targeted Absolute Return a...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes