Net retail sales of funds fell dramatically to £140m in June 2008 compared to £653m the previous month and £748m in June 2007, according to the latest statistics from the IMA.
The biggest net inflow was into the 'other' sector driven by absolute return funds, which saw inflows of £214m, whilst balanced funds saw inflows of £126m. Equity funds saw outflows of £371m, with the...
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