Dan Jones talks to RWC's CEO Dan Mannix about how the group is adapting to the post-RDR shake-up of retail financial services.
Investors ditched fixed income funds - corporate bond portfolios in particular - and opted for UK and European equities in November as the great rotation becomes more and more visible.
The Investment Management Association has moved 25 funds into the newly launched Global Emerging Markets Bond sector, which went live on 31 December.
A year hyped as the start of a great rotation from bonds into equities actually saw more of a trickle out of fixed income, but it was not plain sailing for bond funds.
The Investment Management Association (IMA) is holding back on releasing new recommendations regarding the calculation of sector averages and fund performance, amid a lack of clarity over fund groups' post-RDR share classes.
The Investment Management Association (IMA) has responded to the FCA's concerns over outsourcing arrangements across the industry by producing a set of principles it expects members to adopt and adhere to.