Spooked investors return to retail funds with £4bn April inflows - IA stats
Record outflows in March
Equity funds returned £2.4bn in net retail sales
UK investors put £4bn into retail funds in April this year after record outflows in March prompted by the coronavirus lockdown, latest figures from the Investment Association (IA) show.
Active funds saw new retail sales of £2.7bn in April, nearly double that of tracker funds which netted £1.4bn in net retail inflows, the IA said. Equity funds returned £2.4bn in net retail sales and...
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