Equity funds remain the best-sellers for seven consecutive months Investment Management Association | Investment Association 1 min read04 December 2013 Partner content The Investment Management Association (IMA) today publishes its monthly authorised investment fund statistics for October 2013: • Funds under management were £765 billion, a 20% increase from October 2012, with net retail sales remaining strong at £1.9 billion • Equity was the best-selling asset class for the seventh successive month with net retail sales of £976 million • UK All Companies was the best-selling sector for the first since time April 2004 • Tracker funds saw record net retail sales at £448 million, the highest ever recorded Daniel Godfrey, IMA Chief Executive, said: “It was another strong month for fund sales with retail investors continuing to favour equity funds. Net retail sales of these funds have totalled £9.1 billion so far this year, on course for their best year since 2000.” Full press release and tables are available online. Related New Cabinet Office Minister Says There Is "Massive Waste" In How Local Councils Are Funded By Zoe Crowther 14 Jul Read the most recent article written by Investment Management Association - UK equity income best-selling investment association sector for sixth consecutive month