Investors pile back into funds as Q2 flows exceed 2019's full-year total - IA stats

'Bargain hunters' return to the market

clock
UK funds took in £11.2bn in Q2 2020
Image:

UK funds took in £11.2bn in Q2 2020

UK savers poured more cash into investment funds during Q2 than they did through the whole of 2019, figures from the Investment Association (IA) show.

The IA said a cumulative £11.2bn flowed into retail funds during the second quarter of 2020, as investors looked to take advantage of plunging equity market prices. The number marks a sharp rebound following...

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.

Join

 

Already a Professional Adviser member?

Login

More on Investment