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Retail inflows in H1 highest since 2017 at £24bn

Retail inflows in H1 highest since 2017 at £24bn
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UK funds back in favour as retail investors turn away from US stocks

UK funds back in favour as retail investors turn away from US stocks Latest data from Investment Association March saw £472m invested in the UK All Companies sector and £217m in smaller UK companies Anna Fedorova UK equities finally attracted investors attention in March after almost a year of outflows, according to the latest Investment Association data, while US equity funds suffered withdrawals of £1bn. According to the IA, March saw £472m invested in the UK All Companies sector and £217m in smaller UK companies. Though by no means the best-selling sectors - the top spot was taken by IA Global with net retail sales of £1.6bn in March - this marks the first such inflows into these two sectors in six months.

Reopened property funds shed £166m amid record month for UK funds industry

Reopened property funds shed £166m amid record month for UK funds industry L&G UK Property fund assets fall £500m in the six weeks after it lifted its seven-month suspension Property was one of the only asset classes to suffer outflows amid a record month for UK-domiciled funds in November, as a decisive US election and positive vaccine trial data buoyed investor confidence. In total, the UK funds industry raked in £8.3bn during the month, smashing the previous record of £5.7bn in September 2017, according to the latest Investment Association figures. Equity funds took in £4.1bn, mixed asset brought in £2.3bn and fixed income drew in £1.2bn.

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