IMA plans to abolish the Global Equity & Bond and Global Equity Income sectors and split the UK Gilt...
IMA plans to abolish the Global Equity & Bond and Global Equity Income sectors and split the UK Gilt sector in two have been approved by the body's Performance Category Review Committee (PCRC). The changes will be implemented in time for May's fund performance figures, which will be published towards the end of June after being approved at the PCRC earlier this month. The abolition of the Global Equity & Bond sector follows a recent PCRC committee decision that when a sector is comprised of fewer than 10 funds, abolition should be considered. The sector currently has just nine funds. ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
