IA reports first monthly retail outflows since Brexit vote
Negative retail sales in August
Chris Cummings, chief executive of the Investment Association
Monthly net retail sales were negative in August for the first time since 2016's EU referendum with £217m of outflows, according to data from the Investment Association.
European and UK equities were worst affected by negative sentiment, which meant total funds under management for the IA universe remained flat at £1.2trn. UK equity funds, which combine the IA UK...
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