SLI notches highest ever Q3 mutual fund sales

The total is up 56% on the same period last year from £328m while net inflows reached £288m, a 22% jump on Q3 2006. Gross inflows climbed 66% to £2,011m in the nine months to 30 September and net retail mutual fund inflows increased 52% to £1,401m. The top selling funds in Q3 were the Select Property, UK Equity High Income, Dynamic Distribution, Higher Income and UK Smaller Companies funds. “While the third quarter of 2007 has seen a marked slowdown in retail fund gross inflows across the industry, it is hugely rewarding to see that our mutual fund sales are the highest ever for this per...