Retail investors exit UK equities

Retail investors exited UK equities in favour of global and regional funds in January.

Traditional top selling sectors UK All Companies and UK Equity Income suffered net outflows of £208m and £65m, IMA statistics show. However, the Global Growth sector led equity sales with a net inflow of £229m, followed by Specialist on £153m and Asia Pacific ex Japan with £132m. Retail investors are continuing to rotate out of the £ Corporate Bond sector in favour of £ Strategic Bond. Corporate Bond saw the biggest outflows of any IMA sector in January at £228m, while Strategic Bond saw a £284m net inflow. Meanwhile, Property starts the year as the top selling IMA sector, with net r...