According to the latest Investment Management Association figures, the industry has just enjoyed the...
According to the latest Investment Management Association figures, the industry has just enjoyed the best Isa season since 2002. A total of £2.1bn was invested in open-ended funds in March, the highest monthly inflow for six years. In March 2005 only £506m was invested. This takes investment funds under management to £382bn, compared to £284bn in March 2005. Most of this cash has been chasing the old favourites such as commercial property, UK equity income and fixed interest, while unsurprisingly, commodity funds have also been attracting a good deal of attention. Although UK gilt and cor...
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