UK Equity Income returns to favour in September

The sector - which has previously suffered redemptions - saw a significant increase in net sales in September, leaping from 14th position in August to become the fourth most popular sector. It accounted for 6.7% of net sales last month, its highest level since 2009, as it doubled its year-to-date net sales average. Invesco Perpetual High Income and Threadneedle UK Equity Income helped power the sector up the sales chart, with both featuring in the top 20 selling funds. Meanwhile, Cautious Managed held its position as the most popular sector, accounting for more than a third of net ...