Back in May, I wrote a comment piece on why the IMA's original plans for its multi-asset Managed sectors posed a risk to advisers and their clients.
The IMA is changing the name of its Managed sectors to fall into line with the Association of British Insurers (ABI) fund categories.
The IMA will create a Global Equity Income sector with effect from 1 January 2012 and is looking at a European Equity Income sector.
Last month equity funds in the IMA sectors saw their largest monthly outflow since October 2008, the peak of the financial crisis.
LGIM's Ellis believes adopting European rules will help rectify any ambiguity regarding sector.
The credit crunch is now more than three years old. The chaos of 2008, the rushed policy responses and bank capital injections and the subsequent cyclical bounce have been followed by regular jolts to investor confidence, not least the one that gripped...
The Investment Management Association(IMA) has created new Short Term Money Market and Money Market sectors.
Manager maintains ‘reasonably upbeat' stance on long-term prospects for US consumers, as housing market shows signs of bottoming out.