In 2019, UK savers invested £15 billion into the UK retail fund market, double that of the previous year. A record £18.1 billion was placed into tracker funds in 2019, up by nearly 70% from the previous 2017 record of £10.8 billion, new analysis of industry data published today by the Investment Association (IA) shows.
New standardised categories to simplify the processing of unsuccessful trades on the foreign exchange (FX) markets have today been proposed by the Investment Association (IA), in a bid to bring greater consistency to the market and improve outcomes for investors.
UK savers invested £2.5 billion in funds in October, with a return to equity fund inflows following record outflows in Q3, according to latest figures published today by the Investment Association (IA).
The investment management industry has come together to agree a common language and clear product categorisation for responsible investment approaches to help savers better access and compare funds with a focus on environmental or social outcomes. Currently a variety of terms and phrases are used in different ways, which could leave customers confused or unable to find the investment opportunities to match their diverse responsible investment goals.
Savers invested £350m in UK funds in September, but money flowed out of equity funds at a record level, according to latest figures published today from the Investment Association (IA), the trade body representing UK investment managers.