Sales of open-ended funds to UK retail investors bounced back into positive territory in Q2 seeing £5.5bn of net inflows following two quarters of outflows, according to Investment Association (IA) data.
Following £900m of outflows in Q1, IA chief executive Chris Cummings said 2019 "has been a game of two halves in the fund market". Investors continue to de-risk their portfolios by rotating into bond...
December 'remains achievable'
Able to monetise its assets
Formal agreement set to be announced soon
Cash holdings continue to grow