IMA

That the IMA was surprised by the furore over its classifications of the Managed sectors speaks volumes for the mess in which the trade body finds itself mired.

IMA PLANS FAIL INVESTORS

The Investment Management Association (IMA) could scrap plans to rename the Cautious, Balanced and Active Managed sectors after an outcry from leading investment houses.

EASY AS ABC?

LV= Asset Management (LVAM) has today launched a US income fund for UK equity fund manager Marcus Chandler.

In its renaming of the Managed sectors, the IMA said it talked to all the interested parties. The trouble is, it missed out the most important - investors.

Fund houses argue IMA decision to restructure Managed sectors fails investors

Global equity investment trusts are reducing their allocations to the UK market in favour of emerging markets and specialist sectors such as private equity, AIC data shows.

WHY THE IMA REVAMP WILL HURT CLIENTS

The Investment Management Association (IMA) is to scrap the existing definitions and names of the Managed sectors, renaming them Managed A-C and introducing a new sector, Managed D.