March continues February's rebound as markets enjoy net inflows again, with bonds funds most popular followed by balanced portfolios
Bond funds saw the largest retail inflows in March, according to the latest figures from the IMA. Of the £414m net retail sales for the month, £315m went into fixed interest vehicles. Second most popular were balanced portfolios, which saw inflows of £65m, while equity funds took just £2m. This marked the second consecutive month of inflows, with February showing positive net sales for the first time since October 2007. After three successive months of negative flows, net retail sales were £309m in February. The UK Corporate Bond sector was the most popular retail sector in March ...
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