The ABI is to review the purpose and function of its Fund Sectors, starting with the Money Market se...
The ABI is to review the purpose and function of its Fund Sectors, starting with the Money Market sector. The ABI Fund Sectors categorise different types of investment fund, allowing consumers and financial advisers to compare funds with similar investment profiles against each other. "The current economic crisis has highlighted the need for a fundamental review of the ABI Sectors to ensure that they continue to meet the needs of consumers and advisers as risk changes," says Stephen Haddrill, the ABI's director general, adding the review is already underway. Haddrill says the first st...
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