Bringing you live news and features since 2006 

UK funds market maintains momentum with GBP1.6bn invested in July

RELATED TOPICS​

UK savers put GBP1.6 billion into retail funds in June, according to latest figures published by the Investment Association (IA). Bond funds saw net retail sales of GBP1.8 billion in July, with the global bond sector the best-selling sector with GBP693 million invested.

Equity funds meanwhile, experienced outflows of GBP609 million, driven by UK equities, while responsible Investment funds experienced another month of strong net retail sales with GBP966 million invested in July, and tracker funds saw net retail inflows of GBP1.4 billion in July.

Chris Cummings, Chief Executive of the Investment Association, says: “The fund market maintained a steady course in July as savers invested GBP1.6 billion. Bond funds took pole position, with net retail sales close to GBP2 billion for the third consecutive month, as investors sought out new sources of income.” 

“Responsible investment funds have sustained their strong appeal during the coronavirus pandemic, with savers investing almost GBP1 billion for the third time since April.”

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Jigna Gibb, Bloomberg
Bloomberg Indices has recently hired Jigna Gibb as Head of Commodities and Crypto Index Products, to lead its commodities and...
Robert Minter, director of ETF investment strategy at abrdn takes a look at passive investing in commodities and shares his...
Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
ETFs
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by