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.
While we welcome the FSCS’s commitment to constructive dialogue on the appropriateness of the compensation funding model, we’re disappointed to see that the levy is forecast to continue rising at extraordinary levels.
As investors become increasingly interested in sustainability and the impact of their investments on the wider world, new research suggests they welcome proposals to introduce fund labels to make it easier to choose sustainable investment products.
Jeremy Quin, Member of Parliament for Horsham, met a local group of recruits who are starting a career at one of the largest UK investment management firms, Schroders Investment Management.
Stephen Bird, Chief Executive Officer of abrdn, has joined the IA Board of Directors, replacing outgoing director Hanneke Smits, Chief Executive Officer of BNY Mellon Investment Management, the Investment Association has announced today.
A new tool aims to re-unite individuals with an estimated £781m in lost investments. The platform, the IA Unclaimed Assets Portal powered by Gretel, is designed to help people find their missing investments by using technology to connect consumers and companies through a one-stop shop for finding and recovering lost assets.
Investment20/20, the talent service for UK-based investment managers, has been announced as the latest partner to join the Young Person’s Guarantee, connecting young people in Scotland to career opportunities in investment management.
Investors' response to tightening monetary policy in major markets and Russia's invasion of Ukraine saw the third consecutive month of outflows from retail funds, up from £2.5 billion in February to £3.4 billion in March, according to data published today by the Investment Association (IA).
Intense market uncertainty around rising inflation and tensions between Russia and Ukraine saw outflows from retail funds accelerate to £2.5 billion in February 2022, up from £1.2 billion in January, according to data published today by the Investment Association (IA).
Three new global FinTech partnerships between Engine – the Investment Association’s FinTech hub and accelerator – and Australia, Kenya and Luxembourg will be announced at the annual Emergent Tech (EmTech) Global conference today. The five latest firms to join Engine’s Innovator Programme will also be confirmed at the event.
Our key purpose is to make investment better for savers and investors, for companies and their employees, and for the economy. That way, everyone prospers.
