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...
Payouts fell by 44% in 2020
12-month CPI inflation rate rises to 0.6%
Standard Life adviser survey
Sights set on 2% inflation target
Managers plea for clarity over passporting rights
Positive and negative emotions
Acquired £1.25bn in AUM
Will add around £175m in AuM
39th deal since 2008
AFH Financial Group has received a £224.5 million cash offer to take over the business from US-based private equity company Cortina Bidco.