Investors sold out of the UK All Companies sector in November, with the sector returning to net outflows after a brief spell of inflows the previous month.
According to the Investment Association, UK All Companies saw a net outflow of £287m in November, making it the worst selling sector. The peer group saw inflows of £168m in October but had reported outflows for five consecutive months prior to that. Elsewhere, all three European sectors reported outflows, with Europe ex UK the worst hit, posting a £152m net outflow for the month. Total net retail sales were £1.3bn, compared to £2bn in October, while UK Equity Income remained the top-selling sector for the sixth consecutive month with sales of £466m. Net sales via the five major fund ...
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