
Geopolitical issues such as US-Chinese tensions affected investor sentiment last year
Distribution heads said they were positive on the outlook for fund sales in the retail space this year despite the latest figures from the Investment Association (IA) revealing net flows plummeted £41.3bn to £7.2bn in 2018.
The trade body attributed the huge drop to a "perfect storm of uncertainty" as Brexit, US/China trade tensions, the declining Turkish lira and the Italian budget crisis weighed on investor confidence....
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes.