Fixed income sales bounce back in October The Investment Association | Investment Association 1 min read30 November 2015 Partner content The Investment Association today publishes its monthly statistics for authorised investment funds forOctober 2015 which show: Fixed income fund net retail sales back in the black for the first time since April at £109 million Equity continues to be the best-selling asset class for the sixth consecutive month with net retail sales of £710 million Targeted Absolute Return returns as the best-selling sector with net retail sales of £424 million Tracker fund net retail sales were the lowest since December 2013 at £204 million Total net retail sales of £1.2 billion Guy Sears, Interim Chief Executive of the Investment Association, said: "Net retail fund sales stood at £1.2 billion in October, mainly driven by continued investor appetite for equity funds but we also saw fixed income products recover and hit a six month high. "Targeted Absolute Return was the best-selling sector for the third time this year, and mixed asset funds were the second best-selling asset class suggesting many investors looked to fund manager wisdom for asset allocation." Related Over Three Quarters Of Universal Credit Recipients Go Without Essentials, Poll Shows By Nadine Batchelor-Hunt 06 Mar Read the most recent article written by The Investment Association - Seven years of 0.5% rates - Gulf between cash and investments laid bare