£10bn in outflows from IA sectors
10 May 2020
March saw a total of £10bn withdrawn from funds, latest data from the Investment Association shows, as 96% of funds experienced loses. Fixed income funds suffered most in the month, with £7.4bn in net retail outflows, while equity funds saw outflows of £1.1bn. The five best-selling Investment Association sectors for March 2020 were: 1....