IMA survey shows UK equities out in the cold

Retail investors continued to return to equity funds in 2010, but the trend was almost entirely driven by non-UK equity inflows, the IMA said. Non-UK equity funds have outsold UK equity funds in five out of the last six years, compared to only twice in the thirteen years before that. But 2010 saw the gap between the two sectors widen significantly. Net retail investment into equity funds of £6.8bn was almost wholly driven by non-UK equity net retail sales. Net retail sales of UK equity funds totalled just £52m, down from £2bn in 2009. UK equities now represent just 43% of total equ...