Fresh evidence has emerged that many investors are chucking their money away on fees for actively-managed UK investment funds that fail to beat the main market index.

U.K. stocks declined, even as the FTSE 100 (UKX) and FTSE All-Share Indexes both posted their longest- ever streaks of monthly gains, as mining companies fell and a report showed U.S.

The FTSE 100 added 32.57 points, or 0.5%, to 6,755.63 at the close in London. The gauge climbed 1.5% last week and has surged 15% so far this year, boosted by central-bank stimulus.

... with an outflow of �880m from the UK All Companies sector. But all-cap funds have proven more adept at beating their benchmarks over the past year; the sector average return of 17.7% comparing favourably with a 16.8% total return for the FTSE All ...

The FTSE 100 added 32.57 points, or 0.5 percent, to 6,755.63 at the close in London. The gauge climbed 1.5 percent last week and has surged 15 percent so far this year, boosted by central-bank stimulus.

With the FTSE 100 up 16.4% year-to-date, and the FTSE All-Share up 17%, investors could be forgiven for thinking companies in the UK are in rude health. A further 0.9% rise in the blue chip index this afternoon, meanwhile, has seen the FTSE 100 move to ...

So far this year investment companies have outperformed, up 12.1% compared with an 11.0% rise for the FTSE All Share. This is all very good news of course, apart from the fact that we don't know how long this strong run of performance is likely to last ...

The FTSE 100 rose 48.24 points, or 0.7 percent, to 6,803.87 at the close in London, its highest level since Dec. 30, 1999. The gauge has gained 15 percent so far this year, boosted by central-bank stimulus.

The largest of the funds by AUM is the Majedie UK Equity and over the past 30 months he has generated returns of 39.4% on the fund.

In the US the S&P is at an all-time high. In Britain the FTSE 100 index, despite carrying the weight of lots of plodding miners, is closing in on its own high.