IMA calls for clearer guidelines
The IMA has called the FSA’s guidelines on legacy commission post-RDR “unclear and incomplete” and warned they could result in increased costs for investors.
Ima
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absolute return sector back in favour
Absolute Return UK funds bounced back into favour in November with net retail sales of £164m for the sector as a whole, which put it second only to the Cautious Managed Sector.
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ima web development could be industry game changer
The IMA launched a number of new fund sectors at the start of the year but the biggest development is still to come in the shape of its proposed online investor offering.
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fourth ima managed sector in the balance
The delayed launch of the IMA Mixed Investment 0-35% Shares Sector could happen as ‘early’ as this week since at least two further firms have shown interest in it, the IMA has said.
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m and g glaring omission from new ima sector
The IMA has released the list of funds which fall under its new Global Equity Income Sector, with one notable exception the £1.6bn M&G Global Dividend Fund.
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fund managers to be accountable to ima spirit test
In the latest in a number of attempts to create a definition of its Managed Sectors that is useful for all the various user groups – fund managers, intermediaries and Joe Public – the IMA emphasised that funds should comply with the spirit of the definition.
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mandg corporate bond isnt a corporate bond fund
The M&G Corporate Bond Fund does not adhere to the IMA’s definition of a corporate bond so it should be moved out of the IMA sector altogether.
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ima confirms replacements for managed sector names
The IMA has changed its Managed Sector definitions to mirror those recently introduced by the ABI.
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equity fund outflows equal those of 2008 crisis
Equity funds saw their largest outflows since the height of the 2008 global financial crisis in October, according to the latest statistics from the IMA.
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ima sets up new global equity Income sector
Following demands from its membership, the IMA has set up an ex-UK equity income sector.
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what do investors and managers have in common
The ultimate aim of making money may be common to investors and asset managers, but it doesn’t necessarily follow that their interests are aligned.
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swip shifts credit fund into specialist sector
Scottish Widows Investment Partnership is to move its Credit Advantage Fund out of the IMA Corporate Bond sector.
