Investment funds under management in November totalled £333bn, representing an increase of 5% on the...
Investment funds under management in November totalled £333bn, representing an increase of 5% on the preceding month and 24% on the same period last year, figures from the IMA have revealed. Of the £333bn, Isa funds under management accounted for £44bn, a rise of 4% on October's figures and 21% from November 2004. Net Isa sales had fallen from October however, down from £88m to £79m, although they had significantly increased from the same period a year ago when they totalled £51m. In terms of sectors, UK All Companies once again proved the most popular as regards gross Isa sales, accoun...
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