IMA

EUROPEAN INCOME

A recent paper by a working group of the Investment Management Association (IMA) notes that the collapse of Lehmans and the bail out of the banks has ushered in a new regulatory and political climate.

Equities were the best-selling asset class in August for the fifth month in a row, with over £1bn in inflows, according to the latest Investment Management Association (IMA) statistics.

Harwood Multi Manager has revealed the ten most and least volatile funds in the IMA Global Sector over the past 12 months, amid renewed investor interest in the sector.

A Labour Party proposal to re-introduce Stamp Duty Reserve Tax (SDRT) for funds would cost retail investors £145m a year, the Investment Management Association (IMA) has claimed.

ONE TO WATCH

The Financial Conduct Authority (FCA) is preparing to enforce new absolute return disclosure requirements but has opted not to implement the more stringent proposals some had recommended.

Jane Lowe, director of markets at the Investment Management Association (IMA), is to exit the UK-based trade body in November.

Iain Fulton, manager of the SWIP Global fund, has revealed the stocks driving his portfolio's performance over the last 12 months.

Sheila Nicoll, former FSA director of conduct policy, has joined Ernst & Young's asset management practice as a senior adviser.