Monthly net retail sales were negative in August for the first time since the 2016's EU referendum with £217m of outflows, according to the latest Investment Association statistics.
Europe and UK equities were worst affected by negative sentiment which meant total funds under management for the IA universe remained flat at £1.2trn. UK equity funds, which combine the IA UK All...
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’
Adds £60m of assets
Up to £2,500 a month