Investors scramble for shares as equity fund sales boom
Funds investing mainly in equities saw a buying spree in April as investors ploughed in £2bn into the products, according to the latest industry sales figures.
Funds investing mainly in equities saw a buying spree in April as investors ploughed in £2bn into the products, according to the latest industry sales figures.
Fund sales hit a record level in March as investors reached for UK and global equities, the latest statistics from the Investment Association show.
Old Mutual Global Investors will launch a new portfolio this summer after a rebrand of its Spectrum fund range to the ‘Creation Portfolios’.
November was a “month of two halves” for Tilney Bestinvest’s clients as pre-election jitters gave way to a bullish mood following Donald Trump’s win.
Last week’s suspension of several daily-traded, open-ended property funds demonstrates the concept is ‘absurd’, according to Seneca Investment Management.
Retail sales of investment funds bounced back into positive territory in March according to the Investment Association.
Six funds jumped from one crown to five in the latest FE Research ratings rebalance, while 13 previously unrated funds jumped straight to the highest possible rating.
Despite heavy outflows, there is still a good case for plumping for corporate bond funds over their more fashionable strategic cousins.
The investment environment in 2016 will require more “cherry picking” of individual managers and funds on an ongoing basis, according to Wellian Investment Solutions’ CIO Richard Philbin.
The Investment Association has announced it is to be split into three core divisions as part of an organisational restructure.
8AM Global has launched 8PM, a model portfolio service as the final part of its re-branding process.
Courtiers has launched three new funds targeting group self-invested pension plans (GSIPP).