Sector took £369m of retail money in June and £150m institutional
UK Corporate Bond was again the top-selling IMA sector in June for retail and institutional investors. The sector took a net £369m of retail money during the month, of which Isas accounted for £115m, and a net £150m of institutional money, according to monthly IMA figures. The second most popular sector for retail and institutional investors was UK All Companies, while the worst-selling sectors for both retail and institutional money were Europe ex-UK followed by UK Smaller Companies. Funds that sold well with retail investors but poorly with institutions include Cautious Managed, UK ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes