Retail investors piled into risk-managed funds in November, with the Volatility Managed sector the best-seller for the first time since its launch in 2017, according to the latest Investment Association (IA) statistics.
The Volatility Managed sector saw a record high of £411m in net retail sales, more than double the average monthly inflows since its launch and comprising a quarter of all fund sales. In second and third place were the Mixed Investment 40-85% Shares and North America sectors with net sales of £299m and £292m respectively. The Targeted Absolute Return sector was the worst seller with outflows of £656m. Investment Association to split IA Global Emerging Markets Bond sector Meanwhile, investors flocked back to UK equities, with net retail sales of UK equity funds reaching a six-month ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
