Retail Investors and UK Equity Funds

UK equity funds: Although it remains to be seen what impact August volatility has on fund sales, retail investors had a strong appetite for equities in July, particularly UK equity funds which saw their highest net sales in over 15 years, Daniel Godfrey, the association chief executive, said, according to Euro News. Total net retail fund sales in Britain was 3 billion pounds in July. euronews provides breaking news articles from Reuters as a service to its readers, but does not edit the articles it publishes. The investment included 943 million pounds allocated to UK equity funds, the highest level since March 1999. Copyright 2015 Reuters. (news.financializer.com). As reported in the news.