UK All Companies funds reverse outflows to top sales chart in March

Saw inflows of £650m

The UK All Companies sector was the top-seller in March for the first time since 2013, reversing outflows of £220m the previous month.

According to the latest Investment Association (IA) statistics, total net retail sales were more than £4bn in March.  The UK All Companies was the best-selling sector with sales of £650m - a strong turnaround from the first two months of 2017 when it reported outflows of £408m and £220m in January and February respectively. Aviva Investors CEO Munro joins IA board Over the past year, the sector has only seen inflows in three separate months. UK equity funds as a whole saw £924m in inflows with some £596m into tracker funds and £328m into active funds. Equities were the top as...