UK investors remain optimistic about the domestic market, according to the latest data from the Investment Association (IA).

Its findings, which focus on actual invested capital rather than any polled sentiment, reveal that £6.2 billion was invested nationwide in April, of which £1.5 billion was wrapped by ISAs. This is a £79 million increase of inflows into ISAs than over the previous 12 months.

Meanwhile, UK funds experienced £46 million of net retail inflows, and the UK Smaller Companies sector recorded the highest inflows since the record £279 million total in December 2019. Global was the highest selling inves...