Targeted Absolute Return funds were the top-selling Investment Association sector in the first half of 2017, as net retail fund sales reached the highest half-year level on record.
In its monthly sales report, the IA said total funds under management now stand at £1.1trn after investors placed £18.4bn in UK funds during the first half of the year. This marked the highest level...
38 VCTs raised funds in 2016-17
$4.4bn weekly outflows
Double the size of holdings in existing AR fund
Urging Treasury to appoint more women
China's debt could reach $7.6trn by year-end