Popularity of tracker funds slides

The fourth quarter of 2007 saw net outflows from tracker funds of £59.6m, bringing total net outflows from the funds to £322.6m since the beginning of 2006. The only positive quarter for net retail sales of tracker funds during this period was Q2 2006. However, with more than £27bn of funds under management, tracker funds as a proportion of the whole UK fund market have remained fairly steady, falling from 5.8% to 5.4% over the period. Research by Deutsche Bank published at the end of January showed assets under management in exchange-traded funds across Europe stood at €83.77bn (£62.74bn...