Net Isa sales fall over year

Net Isa sales over February 2003 hit £192.6m, a long drop from £319.4m recorded in February 2002, al...

Net Isa sales over February 2003 hit £192.6m, a long drop from £319.4m recorded in February 2002, although a rise from the £158.3m in sales in January 2003, according to IMA statistics. Investment fund net sales also recovered in February 2003, rising to £507m, up from £394m in January but still half of February 2002 sales figures of £1,090m. Corporate bond funds were the most popular sector for retail investment.