Savers invested £2.4bn in funds in February, according to trade body data published today.

Funds under management held in responsible investment funds have risen 66% over the past 12 months, according to new statistics.

Responsible investment funds attracted a record £1.1bn in net retail sales in December.

Net retail fund sales reached a record monthly high of £8.3bn in November 2020, beating the previous record of £5.7bn set in September 2017, according to the latest data from the Investment Association.