UK retail investors poured £1.8bn into bond funds in July, making them the best-selling asset class, while redemptions from UK equities led to overall negative flows for equity funds.
According to the latest Investment Association (IA) figures, Global Bonds and £ Corporate Bond were the two best-selling sectors during the month, taking in £693m and £691m respectively. On the other hand, equities as an asset class suffered £609m of net outflows overall, driven by £912m of redemptions from UK equity funds. Investors pile back into funds as Q2 flows exceed 2019's full-year total - IA stats In fact, the only other equity region that saw modest outflows was Japan, while all other regions were in the black. Asian equities were the most in demand, with £253m of retail i...
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