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Pridham Report: Nearly two thirds of UK's largest fund groups record weaker net retail sales in Q3
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The report, compiled by ISS Market Intelligence (ISS MI), found the downturn in quarterly figures was driven by retail investors following a strong ISA season. Benjamin Reed-Hurwitz, EMEA research leader at ISS MI, said the figures showed that uncertainty among investors is potentially hitting a «boiling point» just as the September portfolio rebalancing arrived. The weaker figures came in mostly in September, when a series of factors including volatile US equities, the unpredictability of the American election and fears over the contents of the UK Autumn Budget at the time were loo...
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Read more on investmentweek.co.ukAbout this in other media
All sound is not noise livemint.com /4 days ago
UK economy grows only 0.1% in third quarter after September slowdown investmentweek.co.uk /5 days ago
UK economic growth slows down sharply in the third quarter abcnews.go.com /5 days ago
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