UK savers took £129 million out of funds in July 2022, down from £4.5 billion in June, according to data published today by the Investment Association (IA). This is the sixth month of net retail outflows this year.
UK savers took £4.5 billion out of funds in June 2022, the highest monthly outflow of the year so far and the second highest on record, according to data published today by the Investment Association (IA). Investors responded to intensifying economic uncertainty following a challenging first half of the year for market performance.
Risk and compliance functions at investment managers have an important role in supporting their firm in the transition to net zero, according to a new report by the Investment Association (IA) and Deloitte. These functions are well positioned to help prepare firms for the future and to mitigate reputational, conduct, regulatory and liability risks that may arise from not being able to meet transition plan targets.
New recommendations have today been set out to strengthen the relationship between pension funds and investment managers, who together are responsible for £4trn of institutional assets and provide income in retirement to millions of people in the UK.
Investors put £553 million into funds in April 2022, according to data published today by the Investment Association (IA). April’s inflow follows a £3.5 billion outflow in March. After pulling £7.1 billion out of funds in Q1 2022, a record quarterly outflow, April’s data suggests that ISA season* has helped to boost sales to retail funds.