IMA

Equities were the best-selling asset class for the third month running in November, according to the latest IMA sales figures.

The Investment Management Association (IMA) has urged fund groups to roll over past performance of existing fund retail classes to new ‘clean' RDR share classes.

The IMA's new chief executive Daniel Godfrey outlines the key issues facing the fund industry, and explains how the IMA will tackle them over the coming year.

The Investment Management Association (IMA) has criticised FSA proposals aiming to clarify the definition of absolute return funds, warning it risks putting UK-authorised funds at a disadvantage.

Publishing a fund's single-year transaction costs alongside total expense ratios could mislead investors, according to Daniel Godfrey, new CEO at the IMA.

The IMA has been questioning fund groups over their exposure to currencies in their fixed income funds, with the view to tightening sector definitions.

The IMA has soft launched a consumer website, providing investors with details on charges, risk ratings and fund performance, as well as commentary on regulation and checklists.

Global Emerging Markets was the best-selling IMA sector for the first time ever in October, the latest sales figures reveal.

Standard Life Investments' £13bn Global Absolute Return Strategies (GARS) fund has bought back into European equities for the first time in over a year.

The inability of US funds to outperform the S&P 500 has been a long-standing concern for fund selectors, but performance figures for the term of Barack Obama's presidency paint a particularly bleak picture.