UK equities took another big hit in October with funds investing in the asset class suffering net retail outflows of £444m in the month, according to the Investment Association (IA).
Continuing their six-month run of retail net outflows, the IA UK Equity Income sector was the worst selling, losing £272m while UK All Companies suffered a comparable £224m of outflows. On the flipside,...
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Consequences could be more severe than in stress tests
Move to variable operating expenses
Set to happen on 4 April