Advised investment sales up year-on-year - IA data

Advised investment sales fell slightly between May and June, however, down from a 33% to a 31% share of the retail market. Intermediaries including UK IFAs market share has continued to waver between 28% and 33% since February, having fallen from 36% in January.   Mixed Asset Mixed Asset was the best-selling asset class with £430m in net retail sales, while Mixed Investment 40-85% Shares was the second best-selling IA sector with net retail sales of £272m.  In terms of region, Europe and UK funds each experienced net retail outflows of £280m. UK gilts lead the way in latest FE Pa...