Fixed income sales bounce back in October The Investment Association | Investment Association 1 min read30 November 2015 Partner content The Investment Association today publishes its monthly statistics for authorised investment funds forOctober 2015 which show: Fixed income fund net retail sales back in the black for the first time since April at £109 million Equity continues to be the best-selling asset class for the sixth consecutive month with net retail sales of £710 million Targeted Absolute Return returns as the best-selling sector with net retail sales of £424 million Tracker fund net retail sales were the lowest since December 2013 at £204 million Total net retail sales of £1.2 billion Guy Sears, Interim Chief Executive of the Investment Association, said: "Net retail fund sales stood at £1.2 billion in October, mainly driven by continued investor appetite for equity funds but we also saw fixed income products recover and hit a six month high. "Targeted Absolute Return was the best-selling sector for the third time this year, and mixed asset funds were the second best-selling asset class suggesting many investors looked to fund manager wisdom for asset allocation." Related Trade Department Would Not “Hesitate” To Revoke Arms Licences To Israel By Tom Scotson 11 Apr Read the most recent article written by The Investment Association - Seven years of 0.5% rates - Gulf between cash and investments laid bare