Calm before the storm: Investors pour £4.2bn into UK funds before virus panic
Fixed income funds see strongest inflows
The UK was the best geographical region in terms of sales – UK funds took in £355m
Recent figures from the Investment Association (IA) have shown that UK retail funds raked in £4.2bn of net inflows in January, a 16% increase on the previous month and the biggest monthly inflow since January 2018, before markets were hit by coronavirus panic.
The largest inflows were seen into fixed income funds, which gathered £1.7bn, more than three times the amount of money that went into these products last January. Meanwhile, the best-selling sector...
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