£79m more into ISAs in April than previous 12 months

Over £79m more was invested into ISAs in April than was invested in total over the previous 12 months.

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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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Savers invest £4.4bn in March

UK savers invested £4.4bn into funds in March, taking the first quarter of the year to positive net retail inflows of £10bn.

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Investment Association adds ETF comparison

Financial Planners will be able to compare over 530 ETFs from UK providers within the Investment Association’s sectors from Monday.

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