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IA appoints JP Morgan exec as new chair


The fund managers’ trade body - the Investment Association - has appointed Patrick Thomson, CEO, EMEA, of JP Morgan Asset Management, as its new chair. 


ISAs spur £553m bounceback in fund sales

Investors pumped in £553 million into funds in April after pulling out £3.5 billion in March, according to latest figures out today from the fund managers’ trade body the Investment Association. 


Fund investors pull out £642m amid uncertainty


Market uncertainty in January spurred UK savers to withdraw £642m from retail funds, the first outflows since March 2020.


IA to create 8 new fund sectors 

The Investment Association, the fund manager trade body, is to create eight new sectors from the Global and Specialist sectors from 13 September.

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