Invesco is launching a multi-factor ETF that incorporates strict environmental, social and corporate governance (ESG) criteria.

The latest Investment Association figures, covering fund sales in the second quarter, reveal some interesting movements but also highlight the blunders mainstream investors make over and over again due to the herd instinct.

7IM has warned that closed-ended funds do not belong on best buy lists despite the recent suspension of the open-ended Woodford fund due to illiquidity. 

Tracker fund sales reached an all-time record of £5.7bn in Q2 spurred by a shift by investors into bond funds.