Net UK retail sales in 2008 proved more resilient than their continental counterparts according to y...
Net UK retail sales in 2008 proved more resilient than their continental counterparts according to year-end data from Lipper. Gross retail sales were lower last year amounting to £63bn against the £66bn registered in 2007 with net retail sales even less rosy at only £4bn. In the fourth quarter UK managers did however begin to see a slight upturn with net retail sales returning to positive territory. Invesco Perpetual again saw the highest gross retail sales with volumes of £6bn which Lipper put down to sales of its popular Income range and increasingly popular Corporate bond fund. H...
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