How did we ever get to the stage where MiFID II, a piece of European legislation, could cause the UK investment industry to undo the time and cost of UK-driven RDR? There may finally be a man who can make sure this never happens again.
Latest IMA stats unveil the clear winners in net retail fund sales for 2013.
The average investment trust discount at the end of last year was at its lowest level – 3.4% – since records began in December 1970, according to the Association of Investment Companies (AIC).
Emerging markets had a tough 2013 but the long-term opportunities still exist in both equities and fixed income, with the IMA reflecting the latter and introducing a GEM bond sector.
A collective calling itself the Outsourcing Working Group has laid out principles for asset management companies to work within to improve the functionality of their outsourcing arrangements.
UK equity income funds in the open-ended space have waved goodbye to roughly £300m following the announcement Neil Woodford would leave Invesco Perpetual.
The Investor Forum has been launched by the Collective Engagement Working Group as a response to the Kay Review on equity markets and long-term decision making.
The Business, Innovation and Skills Committee has unveiled its report on progress since the Kay Review of long-term decision making in equity markets, which was published last July.
The IMA has unveiled a raft of changes to its fixed income classifications following its review of the sector, including the creation of a global emerging markets bond category.
The IMA has issued its public consultation on its Statement of Recommended Practice (SORP) which proposes improvements in the clarity of charges made to investors.
UK All Companies fund sales surged in June, boosting the sector from the 35th to the fourth most bought between May and June as investors poured into UK equities.
Funds in the IMA Global Emerging Markets sector show the most consistency for top quartile returns, followed by those in the Japan peer group, according to Gary Potter and Rob Burdett’s quarterly F&C MM Fund Watch.
