Retail investors continue to exit UK equities - Investment Association

The figures showed £3.5bn of net retail sales, the most the month has ever seen with all asset classes seeing positive retail inflows except Money Markets. Surprisingly, fixed income was the best-selling asset class in July 2017, with net retail sales of £1bn, Mixed Asset was the second best-selling with net retail sales of £958m, followed by equities with £924m of net retail sales. The best-selling IA sector was Global with sales of £607m, while the Sterling Corporate Bond sector was second with £432m, jumping from seventh place the previous month. Europe exc UK was also popular a...