Net retail sales jump to highest level since July in November

Appetite for UK Equity Income boosts flows

Jayna Rana
clock • 1 min read

Total net retail sales reached their second highest level for 2015 in November at £1.7bn, according to latest figures from the Investment Association.

Equities continued to be the best-selling asset class for the seventh month in a row with net retail sales of £1.1bn.  The UK was the best-selling region for equity funds with net retail sales of £611m, followed by Europe with £367m and Japan with £134m. Global and North America were back in the black following outflows in October while Asia was the worst-selling region with outflows of £78m. UK Equity Income returned as the best-selling sector with net retail sales of £448m followed by October's top-seller Targeted Absolute Return at £306m and Europe exc UK at £232m.  Investors...

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