Giant income funds continuing to grow

Sales patterns for the recently ended Isa season show few surprises, with property and equity incom...

Sales patterns for the recently ended Isa season show few surprises, with property and equity income funds continuing to enjoy the majority of inflows. But while the perils of too much money flowing into property funds are well documented, several income products have gradually become among the largest mutual funds ever seen in the UK. Liquidity in the stock market is a vastly different proposition to the world of multi-million pound properties, but there must come a point where size becomes an issue. Soft closing funds by upping charges or introducing limited issue status is b...