Woodford launch sends IMA Equity Income sales to record high
Net retail sales of UK equity income funds hit a record high of £1.4bn last month, according to the Investment Management Association, as Neil Woodford's new fund provided a boon to the sector.
The £1.4bn figure contributed to overall net retail sales of £2.1bn. Equity funds, meanwhile, were the best-selling asset-class for the 15th month in a row with net retail sales of £1.2bn. Woodford's...
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