Black representation in UK investment industry under 1%
But it now has an opportunity to lead from the front in being a catalyst for social change
ANNOUNCEMENT: UK Adviser is now PA Adviser. Read more.
But it now has an opportunity to lead from the front in being a catalyst for social change
The Investment Association also found that mixed asset was the best-selling vehicle during the month
IA funds suffer first net retail outflows since Brexit
ASI creates head of global insurance asset management role, while trade bodies Efama and the IA make changes at the top
Inflows at odds with negative sentiment towards UK assets
Sterling Strategic Bond funds led redemptions in June as the UK funds industry sees net sales fall 75% from the same period last year.
The Investment Association has called for reform in the bond markets to address certain inefficiencies which are leaving investors ill-equipped to make informed investment decisions and trapped in illiquid positions.
St James’s Place, Provident Financial and several investment trusts are among a raft of FTSE companies the Investment Association has written to demanding an explanation for poor gender balance at executive level or risk a shareholder mutiny.
The UK’s top companies are reducing the publication of quarterly reports with an increasing number abandoning them altogether, the UK’s Investment Association has found.
Some 12 months on from the carnage open-ended property funds experienced in the wake of the Brexit vote, investors seem to be returning to the sector once more.
The results are in – here are the 10 strongest-performing sectors on a total return basis according to the UK’s Investment Association and data from FE Analytics.
Asset managers have fired a major shot in their battle to win over sceptical politicians, regulators and clients with the launch of a public consultation on a new costs and charges disclosure scheme.