Investors continued to abandon UK equity funds in January with net retail outflows of £532m over the month, according to the latest Investment Association (IA) statistics.
Outflows from UK-focussed funds more than doubled from the level seen in December, when investors ditched £202m from UK funds. The UK All Companies and UK Equity Income sectors saw increased outflows...
Timing market "invariably pure luck"
Active funds took 'brunt of selling' during the month
400p per share
UK goes to the polls on 12 December
Equity market can be ‘scary place’
UK investors lost hundreds of thousands of pounds
Lifts advisers to seven
Income from advice fees down