Money Market funds top September performance table with flat returns

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None of the IMA sectors managed to produce a positive return in September, according to stats from F...

None of the IMA sectors managed to produce a positive return in September, according to stats from FundsNetwork. Money Market funds were the only vehicles that had flat returns with everything else negative. However this did not deter investors from placing their cash elsewhere, favouring UK equities on FundsNetwork last month and on Skandia's Selestia Investment platform in Q3. UK Equity Income was the top-selling sector on the former, followed by UK All Companies. The most popular sector on Selestia in Q3 was UK Equity. Graham Bentley, head of investment marketing at Skandia sai...

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