Retail fund sales enjoy record-breaking August

High of £3.6bn

Tom Eckett
@TomEckettIW
02 October 2017

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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...

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