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Chris Cummings, chief executive of the Investment Association
UK retail funds experienced net outflows for the fifth month in a row in February, according to the latest figures from the Investment Association, as cautious savers shunned equities once again.
Overall, UK authorised and recognised funds suffered net outflows of £156m in February for the fifth month in a row, signalling a huge drop in sentiment compared to the same month last year, which saw...
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