Retail funds see nearly £1bn in outflows

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

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FSCS may be extended to Long Term Asset Funds

The FCA is consulting on new rules which would extend FSCS protection to retail investors investing in Long Term Asset Funds (LTAFs).

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UK investors withdraw £4.5bn in June

UK retail investors withdrew £4.5bn from open-ended funds in June, the highest monthly outflow of the year so far, according to the latest data from the Investment Association.

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Equity funds top best-seller list for seventh month

The Investment Management Association says its monthly investment statistics for October 2013 show that equity funds were the best selling funds for the seventh month in a row, underlying a shift by retail investors towards equities. Read more...
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