Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at

Absolute return back in vogue as investors pile into UK equities

by Eleanor Lawrie on Mar 04, 2014 at 12:56

Absolute return back in vogue as investors pile into UK equities

Targeted absolute return funds found favour with retail investors in January claiming top spot as the IMA's best selling sector.

Investors continued to pile into UK equities, with £644 million woth of net retail sales in January, at the expense of Asia-focused funds, which saw outflows of £235 million.

Targeted absolute return funds attracted £343 million, attracting their highest flows since December 2009.

Retail fund sales doubled in January compared to a year earlier, up from £537 million to £1.1 billion. Global, North America and Asian equities all suffered outflows as negative sentiment around asset purchase tapering continued.

Fixed income funds saw outflows of £229 million, while IMA Corporate Bond proved the worst-selling sector with a £225 million outflow. Equities proved the best selling asset class for the tenth month in a row.

'Investors continued to favour equities, especially UK and European funds, while Targeted Absolute Return funds saw their highest sales since December 2009,' Daniel Godfrey, IMA chief executive (pictured), said.

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Sponsored Video: Bringing it all back home

As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.

Today's top headlines

Sponsored Video: Barings on investing in Frontier Markets

From Nigeria to Pakistan and from Kenya to Kuwait, frontier markets are catching investors' attention as never before.

More about this:


On the road

Click here to find out more from the Audience Development team.

Sorry, this link is not
quite ready yet