The IMA has revealed record retail outflows of £333m in November, a fall of 4% from the previous m...
The IMA has revealed record retail outflows of £333m in November, a fall of 4% from the previous month following investor redemptions in property, equities and bonds. Of the £333m outflows in net retail sales, equities saw the largest - £606m - which includes £253m outflows from property funds in the specialist sector. The latest figures also showed Isa sales of £53.7bn were down 4% from the previous month and 7% higher than the previous year. However, the IMA said the negative trend in sales of non-UK funds and Isas, on the back of investor sentiment was beneficial to money market a...
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