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UK investors withdraw £4.5bn in June

UK retail investors withdrew £4.5bn from open-ended funds in June, the highest monthly outflow of the year so far, according to the latest data from the Investment Association.

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Fund sales second highest on record in 2021

Investors added £43.4bn to retail funds in 2021, the second best year on record, despite the pandemic.

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Retail fund sales hit highest level since 2017

The first half of 2021 saw total net retail fund sales of £24bn, the highest level of half-year sales since 2017.

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Include online investment scams in new law, IA urges

The Investment Association, the fund managers’ trade body, has urged the Government to include online investment scams in its new Online Harms Bill.

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