Property leads strong November retail sales

Total net retail sales of £2.4bn during November ensured fund inflows broke through the £2bn barrier for the eighth month running. Year to date sales to the end of the month at £23.6bn were 10 times higher than £2.3bn for the same period in 2008. The figures also show a sharp turnaround in the fortunes of property funds which attracted £417m in net retail sales over the month; the highest since £467m taken in March 2007. Back in January 2009, property ranked 28th out of the 34 sectors, with net outflows of £35m while the top selling sector at the start of the year was £ Corporate Bond...