2 in 3 investors would use AI for investment advice

Over two thirds (69%) of investors would be comfortable with AI being used in the investment advice process, according to a new report.

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UK investors withdrew £1.4bn from funds in September

UK retail investors pulled out £1.4bn from funds in September, according to the latest data from the Investment Association.

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UK investment sector AUM shrank by 12% in 2022

Total assets managed by UK investment managers fell to £8.8 trillion in 2022 - down 12% year on year, according to the Investment Association’s (IA) annual Investment Management Survey.

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Fixed income inflows turn negative

Fixed income funds saw outflows of £356m in August, the first outflows since October 2022.

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