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. 

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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.

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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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Include online investment scams in new law, IA urges

The Investment Association, the fund managers’ trade body, has urged the Government to include online investment scams in its new Online Harms Bill.

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