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Retail fund sales hit record £8 3bn in November

Retail fund sales hit record £8.3bn in November - IA data Equity offerings see £4.1bn net inflows Vaccine breakthroughs buoyed investor sentiment in November Investors ploughed a record £8.3bn into funds during November as vaccine breakthroughs and the US Presidential election buoyed market sentiment, according to Investment Association (IA) data. Net retail sales for November hit £8.3bn, crashing through the previous monthly record of £5.7bn set more than three years earlier. Stock funds were the main beneficiary, with £4.1bn in net sales, as. Sign In To read this story please register PA is dedicated to championing professional advisers. It helps you build your business, service clients and generate sustainable income.

I m not buying Bitcoin! I m investing in UK shares for 2021 and beyond

US$12.3 TRILLION out of thin air… And if you click here we’ll show you something that could be key to unlocking 5G’s full potential. Bitcoin is a phenomenon. Anybody who got in early could be mega-rich by now. This year, it’s defied its many doubters to surge past the December 2017 peak of $20,000. Few will have expected that when it dwindled to just a few thousand dollars a couple of years ago. Many thought its ultimate value would be zero. Not now. I’m buying UK shares for income and growth Bitcoin is also becoming increasingly respectable. Institutional investors want a piece of the action. Payment companies like PayPal are to starting to consider accepting it as exchange. If this trend continues, Bitcoin could climb much higher. Especially since its supply is limited to a maximum of 21m coins, of which up to 5m could be lost for good. Rising demand and shrinking supply suggests further growth. So why do I favour UK shares?

Trust Watch: No-deal fears snap UK small-cap rally

Trust Watch: No-deal fears snap UK small-cap rally
citywire.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citywire.co.uk Daily Mail and Mail on Sunday newspapers.

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