Global funds see strong demand in October as UK equity outflows continue
Sustainable funds remain in vogue
This October saw net retail sales of £2.5bn, compared to £22m of outflows seen 12 months earlier
Global equity funds were the bestsellers during October with retail inflows of £755m, while UK equities continued to suffer outflows, with £782m leaving the asset class during the month, according to the latest Investment Association figures.
There is evidence that investors were looking to diversify their portfolios during these uncertain times, with the IA Global sector being the most popular overall, taking in £869m, while Global Bonds followed...
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