Retail funds see fifth month of outflows - Investment Association

UK and Europe equities shunned

Anna Fedorova
clock
Chris Cummings, chief executive of the Investment Association
Image:

Chris Cummings, chief executive of the Investment Association

UK retail funds experienced net outflows for the fifth month in a row in February, according to the latest figures from the Investment Association, as cautious savers shunned equities once again.

Overall, UK authorised and recognised funds suffered net outflows of £156m in February for the fifth month in a row, signalling a huge drop in sentiment compared to the same month last year, which saw...

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.
  • Tap into our community intelligence through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Markets

Paul Ilott of Scopic Research

Multi-asset versus simple passive portfolios: Could this bear market be the catalyst for change?

Revisiting the portfolio debate

Paul Ilott
clock 02 April 2020 •
US unemployment claims recently spiked to a record 3 million

Into the void: Recession will be 'deepest peak-to-trough decline in recent memory', experts warn

US labour market key to recovery following Covid-19 impact

David Brenchley
clock 30 March 2020 •
Guy Stephens: Coronavirus and the investment implications

Guy Stephens: Coronavirus and the investment implications

Previous data

Guy Stephens
clock 10 February 2020 •