ima figures reveal missed equity entry point
They say when retail investor trends start to turn, it is too late to join the party. So in trying to make asset allocation calls looking forward, should professional investors avoid equities?
They say when retail investor trends start to turn, it is too late to join the party. So in trying to make asset allocation calls looking forward, should professional investors avoid equities?
The IMA has appointed ex-AIC director general Daniel Godfrey as its new chief executive, taking over from Richard Saunders from 1 December.
Sales of equity funds have overtaken fixed income vehicles for the first time in a year, according to latest stats from the IMA.
America's tax authorities have delayed the starting dates of key parts of Fatca for non-US financial institutions in countries not covered by an intergovernmental agreement with the US. Crucially, this does not include the UK.
The Investment Management Association has issued final industry guidance for enhanced disclosure of fund charges and transaction costs, putting to bed a long-running debate with prominent industry figures over ‘hidden charges’.
Having looked through the detail of the FSCS funding proposals, the IMA has pointed out to members a number of inequalities among the liabilities attached to banks, insurance companies and fund managers.
Fixed income funds accounted for over half of all inflows into funds during the month of July, with sales of £480m, as investors piled into corporate bond, strategic bond and global bond funds.
Whitechurch Securities is the latest wealth manager to go down the passive route with a range of managed strategies aimed at keeping investment costs down, and I doubt it will be the last.
Legg Mason has added a number of its offshore funds across eight separate IMA sector classifications.
What to make of fund statistics? The IMA says retail sales in the first half of the year almost doubled those achieved in the second half of 2011, but weve just come off the back the worst month of the year so far.
MAM Funds is to move its CF Miton Arcturus Fund into the IMAs Absolute Return sector as part of a wider reshuffle of a number of its portfolios.
The IMA’s Richard Saunders asks what lessons can be learned from the “shareholder spring” and says if there are less headlines made next AGM season, it does not mean there’s less engagement from shareholders,