Net retail sales have seen their best month since May 2007 with total sales of £1,037m during Novembe...
Net retail sales have seen their best month since May 2007 with total sales of £1,037m during November, according to the latest figures from the IMA. This compares favourably with October which had seen a severe drop in sales in relation to September, falling £501.1m. Sales were also up compared with November 2007 which saw outflows of £335.5m. Of the total sales in the month £512m was invested in equity funds followed by £479m in bond funds. The most popular UK domiciled sector was £Corporate Bond which saw inflows of £340m. The Specialist sector saw the biggest outflows of £101m,...
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