UK net fund flows have reached their highest quarterly level for three years, according to Lipper's quarterly fund sales report.
The previous high was in the first quarter of 2006, says Lipper, when the last bull market was in full swing.
The data provider says this more positive picture is mainly due to a significant reduction in redemptions by both retail and institutional investors.
The report also states a large proportion of this increase is due to sales of bond funds which have enjoyed particularly strong inflows since the UK interest rate was effectively cut to zero.
As a consequence of this, the Lipper report reveals those groups with strong fixed income teams have benefited substantially, with top sellers including M&G, Invesco Perpetual, BlackRock, Jupiter and BNY Mellon.
M&G's sales were largely led by sales of its Corporate Bond fund although on the equity side its Recovery fund has gained in popularity too.
Invesco Perpetual also received strong support for its bond fund sales, according to the report, while BlackRock saw growing interest in its Gold & General fund as investors sought less conventional financial assets.
