Investors pull another £1.2bn from UK equities funds as Brexit continues to bite
Fixed income funds dominate inflows
Political turmoil in the UK saw investors withdraw £1.2bn from UK funds
Retail investors pulled another £1.2bn from UK equity funds in July as uncertainty over Brexit continues to plight attitudes towards the asset class, while bond funds maintained their run of attracting the most investor capital.
The latest Investment Association (IA) data shows overall net retail sales experienced a fourth consecutive month of inflows, with £924m allocated to funds in July, boosted by fixed income funds, which...
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