30% of the £165bn invested in mainstream UK equity funds is now held in passive index trackers, four of which made The Share Centre's August list of top ten selling funds. Sheridan Admans, investment research manager at The Share Centre, which compiled the list, said having four tracker funds in making the top ten best seller list was unprecedented. " The FTSE 100 has been a very strong performer over recent years, but it seems that investors are looking for more active managers to invest their money," he said. Four UK tracker funds made August’s top ten selling funds, compiled by The Share Centre, despite the tremors through global markets when the Chinese slowdown triggered a huge sell-off. 100 Tracker, by nearly 800% since 1999.
30% of the £165bn invested in mainstream UK equity funds is now held in passive index trackers, four of which made The Share Centre's August list of top ten selling funds. Sheridan Admans, investment research manager at The Share Centre, which compiled the list, said having four tracker funds in making the top ten best seller list was unprecedented. "The FTSE 100 has been a very strong performer over recent years, but it seems that investors are looking for more active managers to invest their money," he said. 100 Tracker, by nearly 800% since 1999.