Investors are fleeing developed market equities in favour of fixed income and multi-asset funds, according to the latest Investment Association statistics, as UK, US and Europe equities all see outflows.
In the latest monthly statistics for July, the worst-affected equity region was the UK, which saw outflows of £315m. This combines the UK All Companies, UK Equity Income and UK Smaller Companies sectors....
'People miscalculate how much they need'
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Could lose 97% of investment
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