Other sectors to see significant redemptions were UK all companies, which saw outflows of £207.6m and UK equity income, which saw outflows of £16m.
For corporate funds the turnaround in popularity is huge, having spent 10 months in a row as the most popular asset class between the end of 2008 through until August 2009.
With net inflows of £373m, property funds started 2010 as the most popular asset class, while total net retail sales for the month totalled £1.8 billion.
This, according to the IMA, is the highest sales figure recorded for any January and is some 55 per cent higher than January last year. However it is below the £2.2bn recorded in December.
Equities accounted for 30 per cent of all net retail sales, taking in £549m, while sales of bond funds registered at 317m, aided largely by sales of strategic bond funds. The £ strategic bond sector was the second most popular sector in net sales terms, taking in £284m.