February 8, 2018 / 9:53 AM / 4 months ago

UK fund sales hit record 63 billion pounds in 2017 - Investment Association

LONDON (Reuters) - Net retail sales of UK-based funds hit a record 63 billion pounds in 2017, asset manager trade body the Investment Association said on Thursday.

A bank employee counts pound notes at Kasikornbank in Bangkok, Thailand, October 12, 2010. REUTERS/Sukree Sukplang/File Photo

Members’ funds under management ended the year at 1.2 trillion pounds, with fixed income funds the best-sellers after chalking up a record 14.3 billion pounds of net sales, it said.

Reporting by Simon Jessop, editing by Maiya Keidan

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below