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The Investment Management Association (IMA) has responded to the FCA's concerns over outsourcing arrangements across the industry by producing a set of principles it expects members to adopt and adhere to.
The IMA has launched an online review tool for the Targeted Absolute Return sector designed to help advisers and consumers find and compare funds.
The IMA UK Equity Income sector saw net retail outflows of £298m in October, according to data released by the IMA today, making it the worst selling sector on the month.
Threadneedle has partnered with the social investment arm of the Big Issue to launch the Threadneedle UK Social Bond fund.