IMA figures reveal UK All Companies made up 20% of gross retail sales in August, knocking Specialist sector off the top spot for first time in since 2005
UK All Companies has become the best-selling retail fund sector for the first time in three years, knocking Specialist off the top spot. According to IMA figures for August, UK All Companies made up 20% of gross retail sales with £159m, making it the most popular sector. It also made up the largest percentage of total funds under management with 24.8%. Specialist was the second-most-popular sector, with net retail sales of £153m, of which £117m was in property funds. In July, Specialist funds saw the highest net retail sales, while UK Corporate Bonds languished at the bottom with the wo...
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