Net retail fund sales exceed £20 billion in 2013

• Net retail sales at £20.4 billion, up from £14.3 billion in 2012
• Equity funds saw highest net retail sales since 2000 at £11.4 billion
• Funds under management at a record £770 billion and up 16% from 2012
• Mixed Investment 20-60% Shares was the best-selling IMA sector

Daniel Godfrey, IMA Chief Executive, said:

“Retail investors were highly active in 2013, committing an average of over £1.6 billion of new money to funds every month.

“Equity funds took by far the largest share of the net inflows from investors. After a number of years with the strongest net sales, fixed income took no new money in 2013. Both mixed asset and property funds saw stronger inflows than in 2012.”