Equity funds remain the best-sellers for eighth consecutive month

• Funds under management were £763 billion, a 16% increase from November 2012, with net retail sales remaining strong at £1.6 billion
• Equity was the best-selling asset class for the eighth successive month with net retail sales of £935 million
• UK and Europe were the best-selling regions for equity funds

Daniel Godfrey, IMA Chief Executive, said:

“We saw a continuation of strong investment fund sales in November last year – the top five best-selling IMA sectors indicate that investors are favouring equity and mixed asset funds with property funds also doing well.”