ISA sales rebound to £31.7m inflows

While lower than the £88.1m figure for February 2007, ISA sales were back in the black following January’s £68.4m outflow. UK All Companies was the most popular sector in gross terms, with £79.1m ISA sales; while Cautious Managed topped the list in net sales, with £19.6m inflows. Total net retail sales were also well below the corresponding month last year, down from £943m to £308.8m. Of the net retail sales, £197m was invested in bond funds and £170m in balanced funds. The Specialist sector saw the highest net retail inflows of £276m, of which £119m was in commodity funds, while the U...