Active funds attract second highest inflows on record in December - IA stats

Active funds sales hit £5.2bn

Pedro Gonçalves
clock • 2 min read

Active funds saw net retail sales of £5.2bn in December, just below the record inflow of £5.4bn in November 2020, figures from the Investment Association (IA) show.

The latest IA fund flows data, published today (4 February), shows equity funds were more popular than any other asset class during December, attracting net retail sales of £2.5bn. Including passives, net retail sales reached £6.2bn in December, more than double the £2.5bn taken in during December 2019. IA chief executive Chris Cummings said: "December saw a continuation of the strong net retail sales of November, with the fund market buoyed to a positive end-of-year position. Growing positivity around coronavirus vaccines helped boost stockmarket performance in December which in turn fu...

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