Net retail fund sales exceed £20 billion in 2013 Investment Management Association | Investment Association 1 min read29 January 2014 Partner content The Investment Management Association (IMA) today publishes its monthly authorised investment fund statistics for 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.” 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