Net retail sales for UK-authorised funds were at their lowest point in 18 months in June, reflecting investor uncertainty amid a "continued uncertain political landscape" and trade war fears, according to the Investment Association.
The IA's latest figures reveal the lacklustre June sales total of £840m nudged up total industry AUM to £1.2bn, as investors continued to withdraw assets from the beleaguered UK equity and European equity...
Lowest measure since index launched in 1995
Will be 'core to all great portfolios'
Why the traditional approach of combining bonds and equities is not the best way to improve risk-adjusted returns
Partner Insight: The way in which bonds have been so successfully combined with equities in the past 35 years has been contingent on them delivering high returns in periods of equity market stress. Yet in half of the 20-year periods over the past 120...
£34bn of non-sterling assets to be merged
Spent 13 years at Pictet