Industry News

Retail investors exit UK equities

(INVESTMENT WEEK)  - Retail investors exited UK equities in favour of global and regional funds in January.

Traditional top selling sectors UK All Companies and UK Equity Income suffered net outflows of £208m and £65m, IMA statistics show. However, the Global Growth sector led equity sales with a net inflow of £229m, followed by Specialist on £153m and Asia Pacific ex Japan with £132m.

Retail investors are continuing to rotate out of the £ Corporate Bond sector in favour of £ Strategic Bond. Corporate Bond saw the biggest outflows of any IMA sector in January at £228m, while Strategic Bond saw a £284m net inflow.

Meanwhile, Property starts the year as the top selling IMA sector, with net retail sales of £373m.

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