Responsible investment funds see record GBP7.1 billion flows to date in 2020

ESG

UK savers put GBP5.3 billion into retail funds in Q3 2020, more than three times the net retail sales of Q3 2019 (GBP1.2 billion), according to latest figures published today by the Investment Association (IA). 

Responsible investment funds saw net retail sales of GBP7.1 billion for the year-to-date. This is up from GBP1.9 billion for the first three quarters of 2019.

Bond funds continued to see strong net retail sales reaching GBP1.2 billion in September, boosted by the Global Bond sector’s record sales of GBP937m.
Active funds saw positive net retail sales of GBP336m in September 2020, while net retail sales to tracker funds remained consistently strong at GBP1.3 billion.

Chris Cummings, Chief Executive of the Investment Association, says: “The year so far has seen record investment into responsible investment funds, with over GBP7 billion invested into funds which consider their wider impact on the world. In a year clouded by uncertainty, responsible investment funds are a beacon for how savers can put their money to work to support positive change globally, and our industry can be proud that these funds are reaching new heights of popularity.

“It is also heartening that since the significant outflows in March, net retail sales have continued to recover into September. It remains to be seen just how significantly new COVID-19 restrictions and lockdowns imposed across the UK and internationally will affect investor behaviour as we head towards the end of 2020.”