Responsible investment funds made up two thirds of total fund inflows in September, according to the Investment Association's latest retail fund data.
The data revealed £1.6bn poured into responsible investment funds over the period, marking it as the second highest month for inflows since March. Responsible investment funds under management stood at £85 billion at the end of month, according to the IA, while their overall share of industry funds under management was up at 5.5%. Overall, total net retails sales for the period stood at £2.3bn, while the global IA sector performed best, with net sales coming in at £995m over the month. Tracker fund sales also performed well, with inflows of £1bn, while property funds had inflows of...
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