Flows into European and global equity funds helped push net retail sales to a record high for August of £3.6bn, according to the latest Investment Association figures.
This was a significant jump from £1.9bn recorded last August in the aftermath of the Brexit vote. Chris Cummings, CEO of the IA, said: "Investor confidence in the UK fund industry continued in August...
Partner Insight: In this environment, a well-resourced credit research team is essential and having traders to keep check on markets is very helpful too, according to Fidelity fixed income managers Sajiv Vaid, Peter Khan and Kris Atkinson
Impact of political turmoil and Brexit
Latest Incisive Works research
In recent weeks, investors have fixated on the inversion of several sovereign yield curves, most notably the US Treasury curve.
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