Investors turn their back on UK shares

September saw the sales in investment funds fall to the lowest levels since the recession, however those people who did invest in the UK have been rewarded with record performance during October. Figures released by the IMA (Investment Management Association) show that sales of investment funds fell in September to £568 million, the lowest figure since October 2008 when the UK was in the grip of a severe recession, and around £2 billion lower than the same time last year. Sales of funds, whether inside or outside an ISA (Individual Savings Account) have averaged £2.1 billion each month over the past year, ...