Investors turn to bonds in July as UK equities suffer outflows
Latest figures from IA
Global Bonds and £ Corporate Bond were the two best-selling sectors during July
UK retail investors poured £1.8bn into bond funds in July, making them the best-selling asset class, while redemptions from UK equities led to overall negative flows for equity funds.
According to the latest Investment Association (IA) figures, Global Bonds and £ Corporate Bond were the two best-selling sectors during the month, taking in £693m and £691m respectively. On the other...
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