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'Great rotation' well underway with £3.4bn in equity fund sales
Markets
by Annabelle Williams on Jan 31, 2013 at 13:06
At the other end of the scale, UK equity funds were the worst performing region in sales terms, suffering outflows of £982 million. This was a sharp reversal from 2011 when UK equities enjoyed net retail sales of £714 million.
The UK All Companies sector also suffered, ending the year as the worst selling IMA sector following a net outflow of £2 billion.
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