June saw a net outflow of £986m for retail funds, according to latest figures from the Investment Association.

The performance of active equity managers improved substantially in the first half of 2023.

The High Court has ruled in favour of the FCA against the director of a company which ran an illegal care home unauthorised collective investment scheme (UCIS).

The best-performing investment sector for the first half of 2023 was the Technology & Technology Innovation TR sector which showed an overall rise of 24.83%, according to data from FE Analytics.