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Fund sales stay strong at over £2 billion

Investment Management Association | Investment Association

1 min read Partner content

The Investment Management Association (IMA) today publishes its monthly authorised investment fund statistics for May 2013:

• Fund net retail remain over £2 billion
• Equity is the best-selling asset class with net retail sales of £781 million
• Targeted Absolute Return was the best-selling IMA sector with £255 million in net retail sales

Daniel Godfrey, IMA Chief Executive, said:

“After the ISA season months of March and April we usually see a sizeable drop in fund net retail sales but they remained strong in May this year at £2.1 billion with investors making significant net investments across all the main asset classes.

“Equity funds received the biggest slice of investors’ funds with global equity income and global emerging markets as the two equity sectors making it into the top five best-selling IMA sectors.”

See full data here

Read the most recent article written by Investment Management Association - UK equity income best-selling investment association sector for sixth consecutive month

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