Dismal start to 2019 as retail funds see net outflows of £859m

Latest IA stats

Jayna Rana
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"Dry January extended to the fund markets as savers remained cautious" - the IA's Chris Cummings
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"Dry January extended to the fund markets as savers remained cautious" - the IA's Chris Cummings

Retail funds saw net negative flows of £859m in January, compared with net sales of £4.2bn in the same month last year, according to the latest data from the Investment Association.

The figures follow a particularly volatile Q4 in 2018 which saw net outflows every month, amounting to £5.9bn for the quarter. Though flows were not as bad in January, they were substantially worse than...

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