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Another £1bn for bonds

The corporate bond sector has continued to be the most popular UK-domi- ciled net retail sector, according to the latest figures from the Investment Management Association.

The sector took £684.3m of net business in April, down from £935.1m in the previous month. The biggest outflows were in the global emerging markets sector at £243.1m.

Of the total £2.1bn net retail sales, £1bn was invested in bond funds while equity funds took in £579m. Institu- tional holdings of unit trusts and Oeics saw an outflow of £69m.

Chief executive Richard Saunders says: “Retail sales continued the strong showing of 2009 so far, with inflows to bond funds in April exc- eeding £1bn for the fifth consec- utive month. The figures also confirm that April saw the highest Isa sales in three years.”


Happy while you work

Well we’ve had scorching weather (yes even up here in Scotland!) and now the Euros 2016 are on – you can’t blame people for wishing life was just one big holiday.  With all these distractions it sometimes feels like work just gets in the way of having a good time! But sunny day skivers are […]


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