UK investors prioritised diversification as global equity and global bonds became the two top best-selling sectors in October 2020, according to the latest figures from the Investment Association.

Responsible investment funds saw net retail sales of £7.1bn for the year-to-date, up from £1.9bn for the first three quarters of 2019.

Total investments managed in the UK grew by 10% during 2019 and were near to pre-pandemic levels by the summer, according to new data from the fund managers’ body the Investment Association.

UK savers put £1.6bn into retail funds in July, according to the latest figures from the Investment Association.