Outflows from UK Equity funds halved in November, according to the latest statistics from the Investment Association (IA), while tracker funds saw their lowest sales since July 2016.
The trade body's monthly statistics showed funds under management were £1.2trn, up from £1trn in November 2016, and total net retail sales were £4.4bn, down from £5bn in October but significantly up from...
Industry Voice: Investment priorities are changing. More and more people are concerned both with the investment returns they can make on their savings, and whether their money is being managed in a sustainable way.
Targeting cautious investors
Effective from 2 January 2019
Barry O'Dwyer and Campbell Fleming, both senior figures at Standard Life Aberdeen, are to become non-executive directors of Phoenix Group.
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