The Live Wire



Press Release

Lowest fund sales since 2008 - IMA statistics reveal

27 October 2011

Investment fund statistics - September 2011

The Investment Management Association today publishes its monthly fund statistics for September 2011.

Key findings:

¦ Net retail sales of £568 million in September
¦ Q3 2011 net retail sales of £2.6 billion (Q3 2010: £7.5 billion)
¦ Net ISA sales of £152 million in September
¦ £ Corporate Bond the highest selling sector in September

Richard Saunders, Chief Executive at the Investment Management Association (IMA), comments:

“September's further slowdown in fund sales confirms the trend of the previous two months. As a result net retail sales in the third quarter were the lowest since 2008.

“Investors were cautious in their asset class choices in September, with bonds and balanced funds the best selling assets. There was a modest outflow from equities overall, although UK equity income funds continued to attract investors.”

View the statistics here:

http://www.investmentfunds.org.uk/press-centre/press-releases/press-release-statistics0911



Press releases, papers and documents published on this page are the intellectual property of an organisation unrelated to Central Lobby. We promote their parliamentary and political campaigning activities as they are subscribers to the Central Lobby service.

As such, Central Lobby does not edit, endorse, or attempt to balance the opinions expressed on this page. The content of press releases and other such types of content are the responsibility of the originating organisation.

Investment Management Association

More from Dods

© Dods Parliamentary Communications Ltd