Net retail sales figures show in January this year the UK Equity Income, UK Equity Income and Bond, UK All Companies and Europe including UK sectors saw total fund outflows of over £467m. In contrast, the Global Growth sector alone took £228m during the month, while the Asia Pacific Excluding Japan and North American sectors took £131m and £102m respectively.

The ‘smaller company’ sectors also saw net inflows, with the Japanese Smaller Companies and North American Smaller Companies sectors taking £7.4m and £6.4m respectively. The UK Smaller Companies sector also witnessed a £2.7m inflow.

Bonds fall from favour

Meanwhile, the UK £ Corporate Bond sector became the worst selling sector for the month with outflows of £228m over the month. The figures are in stark contrast to last year when the sector was the biggest selling for eight months of the year.

Overall the Property sector was the most popular with total inflows of £373m helping to make this January the biggest selling January on record with total net retail sales of £1.8bn.