Fixed Income was the most popular sector with investors in February, as investors turned their backs on equity funds.
Based on data from the Investment Association, Numis found that Fixed Income funds experienced net inflows of £1.1bn in February, the fourth consecutive month of new money in the sector. Along with the £652m inflows into Mixed Assets, these were the biggest contributors to a second, consecutive month of inflows into UK-domiciled funds, which had net inflows totalling £408m. IMF: UK economy to shrink amid global inflation-led hard landing The overall drag came from the Equity side, which had outflows of £696m, along with Money Market (-£882m), Property (-£69m) and Absolute return f...
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