Investments in 2010 Reach Near Record Levels

Summary


CONSUMERS paid a near-record sum into investment funds during 2010 as low interest rates made people look for alternative homes for their cash.

A total of pounds 23.9bn was invested in UK-based unit trusts and OEICs (open-ended investment companies) during the year, once those cashing in their investment or moving it elsewhere were stripped out.

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Extract


Investments in 2010 Reach Near Record Levels

The figure was only slightly below the record pounds 25.9bn that w...

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