Net retail sales of £320 million in January 2015
The Investment Association today publishes its statistics for authorised investment fundsfor January 2015
- Net retail sales were £320 million in January 2015 compared to £1.7 billion in December 2014
- UK Equity Income was the best-selling Investment Association sector for the eighth consecutive month with net retail sales of £280 million
- Property was the best-selling asset class with net retail sales of £235 million
Daniel Godfrey, The Investment Association Chief Executive, said:
“Net retail sales in January were markedly below 2014’s monthly average. However, we are still seeing some common trends from the last quarter of 2014, with investors continuing to seek investment funds with income objectives with both UK Equity Income and Global Equity Income in the top five selling Investment Association sectors.”
Here is the full publication