UK fund industry inflows fall 75%
Sterling Strategic Bond funds led redemptions in June as the UK funds industry sees net sales fall 75% from the same period last year.
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.
With 267 funds, the Investment Association (IA) Global sector is second only in variety to its UK All Companies, which comprises 269 funds. It is one of the oldest and most popular sectors and also very diverse, both in terms of type of offering and also in terms of performance.
Lombard International Assurance has named a new head of distribution, while similarly named but-not-to-be-confused-with Lombard Odier Investment Managers has brought an entire investment team on board. The Investment Association is on the recruitment hunt for a new chair.
The UK’s Investment Association (IA) has assembled an independent advisory board of established industry figures to create a standardised disclosure framework for investment costs.
The UK’s Investment Association has unveiled a new volatility-managed sector, to deal with the swelling ranks of unclassified funds.
The EU has launched an investigation into the barriers blocking the distribution of Ucits and Alternative Investment Funds (AIFs) in a bid to increase the take up of the products across its 28 member states.