IA creates eight new sectors to cater for influx of ETFs

Changes affect 150 funds in the Global and Specialist sectors

clock • 1 min read
The newly created sectors are split into three – Regional Equity, Industry and Alternative Investment
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The newly created sectors are split into three – Regional Equity, Industry and Alternative Investment

The Investment Association (IA) is creating eight new sectors from its Global and Specialist sectors to reflect the evolving retail fund market.

With a combined total of nearly 800 funds, the Global and Specialist sectors are among the largest within the IA's classification scheme. In April, more than 530 exchange traded funds were introduced to...

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