Dismal start to 2019 as retail funds see net outflows of £859m
Latest IA stats
Chris Cummings, chief executive of the Investment Association
Retail funds saw net negative flows of £859m in January, compared to net sales of £4.2bn over the same month last year, according to the latest statistics from the Investment Association.
The figures follow a particularly volatile Q4 in 2018 which saw net outflows every month, amounting to £5.9bn for the quarter. Though flows were not as bad in January, they were substantially worse than...
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