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Equity fund net inflows tripled in July

Retail investors piled £4.8bn into investment funds in July, according to Investment Association data.

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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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£79m more into ISAs in April than previous 12 months

Over £79m more was invested into ISAs in April than was invested in total over the previous 12 months.

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IA to create 8 new fund sectors 

The Investment Association, the fund manager trade body, is to create eight new sectors from the Global and Specialist sectors from 13 September.

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