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Retail fund sales take dive as investors look to dodge risk

UK-Parliament-Big-Ben-London-Britain-700x450.jpgNet retail fund sales more than halved in 2018 as investors sought shelter from volatile and risky markets.

According to latest Investment Association data, net retail sales were £48bn in 2017, falling to £17bn in 2018.

While global equities were the most popular sector, the data points to concerns over Brexit driving £4.8bn in net outflows overall.

However, entering 2019. British investors are still betting on UK assets, despite uncertainty ahead of the March 29, data from investment platform Willis Owen shows.

In January UK assets topped charts of both best-selling funds and sectors

The HSBC FTSE All Share Index C led the best-selling funds with UK Equity Income topping the sectors table, followed by UK All Companies and Sterling Strategic Bond.

Sector Focus: Sterling Strategic Bond no longer a safe haven?

The Willis Own Best-Seller List, January 2019

10 Best Selling funds in January 10 Best Selling Sectors in January
HSBC FTSE All Share Idx C Inc UK Equity Income
Artemis Monthly Distribution I Inc UK All Companies
Artemis Strategic Bond I Mly I Sterling Strategic Bond
Fundsmith Equity I Acc Global
Schroder Asian Alpha Plus Z Acc Specialist
LF Lindsell Train UK Equity Acc Mixed Investment 20%-60% Shrs
Janus Henderson Prf&Bd I A Asia Pacific Excluding Japan
Artemis Income I Inc UK Smaller Companies
Schroder Income Maximiser Z Inc Asia Pacific Including Japan
Neptune Latin America C Acc GBP Europe Excluding UK

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Comments

There are 4 comments at the moment, we would love to hear your opinion too.

  1. I wonder if this has anything to do with MIFID II and the increasing cost and complexity of investment?

  2. Why should retail funds be immune? Everything is taking a dive – except all the column inches devoted to Brexit. What a curse that is.

  3. long-term, long-term, long-term

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