Investors pile into North American equities

The Global, North America and Japan sectors were the best selling equity asset classes last month as net retail sales for equities reached £774m. The North American sector alone took in £222m in assets. Equity sales accounted for 56% of total fund inflows compared to 21% for bonds. However, overall, the £ Strategic Bond sector was the best selling sector with net retail sales of £272m. Net retail sales for bonds totalled £195m, compared to the average of £562m for the previous 12 months. Absolute Return - UK was also popular, being the second best selling sector with £225m of in...