The IMA has reverted to a single UK Equity Income sector as of 1 July.
Net retail fund sales fell below £1bn for the first time in 18 months in May as the euro area crisis hit investor sentiment, IMA data shows.
The IMA has received applications from a further 130 offshore funds to be listed in its sectors.
The IMA has received applications from a further 130 offshore funds to be listed in its sectors.
Specialist funds vary in performance as small and niche groups contrast with biggest names in investment
Asset backed securities (ABS) are presently the most attractive section of the corporate bond market, according to Royal London's Sajiv Vaid.
The IMA is considering overhauling its sector classifications to account for greater use of synthetic investments since the arrival of Ucits III powers.