September saw an increase in investment funds under management, while Isa funds grew slightly over A...
September saw an increase in investment funds under management, while Isa funds grew slightly over August figures, the IMA's latest statistics have revealed. While the 2% rise recorded in September over the previous month, in terms of Isa funds under management, looks anaemic, the amount still represents a 23% increase over September 2004 numbers. The trade body's latest sales report shows net Isa sales rose massively over September 2004 figures, with net figures of £46m compared to -£23m this time last year. Net retail sales moved even higher, from £272m in September 2004 to £801m this y...
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