Equity funds suffered net outflows in February for the first time in over a year, with investors pulling £136m over the course of the month, Investment Association figures released today reveal.
The last recorded net retail monthly outflow from equity funds was in January 2017, since when there has been 11 months of net retail sales exceeding £1bn, according to the IA. The largest detractor...
Relates to 136 million transaction reports
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Tough year for the sector