Mon, 15 August 2022

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Investors continue to favour equities over bonds

The Investment Association | Investment Association

1 min read Partner content

The Investment Association today publishes its monthly statistics for authorised investment funds forAugust 2015 which show:

- Equity continues to be the best-selling asset class with net retail sales of £503 million
- UK Equity Income sector remains the top-selling sector with net retail sales £520 million
- Fixed income funds see highest outflow in net retail sales since June 2013 at £333 million
- Total net retail sales of £690 million, the lowest since January 2015

Daniel Godfrey, The Investment Association Chief Executive, said:

"Sales dropped in August to £690 million, the lowest since January 2015, after an exceptionally strong July when we saw net retail sales of £3 billion. Market volatility may have made investors more cautious in August, reinforcing a tendency for sales to dip over the summer period.

"In terms of asset allocation, investors appear to be sticking with equities - particularly equity income funds - whilst withdrawing money from bonds, perhaps in expectation of an interest rate rise.

"Fixed income funds and Asian equity funds suffered with record retail outflows in August."

Read the most recent article written by The Investment Association - Seven years of 0.5% rates - Gulf between cash and investments laid bare

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