Equities

With the Bank of England monetary policy announcement marking six years of rates being held at a record low level of 0.5%, Investment Week looks at the funds which have produced the best performance over the period.

Alarm bells: The growing income investor knowledge gap

Retail fund sales tumbled last month in a reversal of the strong inflows seen in 2014, according to the latest Investment Association (IA) figures.

Net inflows at Jupiter Fund Management slowed to £900m during 2014, compared to £1.2bn seen in the previous year, but the group said it is "particularly pleased" with inflows from abroad.

Three prominent London Business School academics have calculated the FTSE 100 has a 50% chance of hitting the 10,000 level by 2022, following its recent record-breaking performance.

Invesco Perpetual's £600m Income & Growth fund is to move out of the Investment Association's UK Equity Income sector after failing to meet the trade body's yield requirements.

The government has sold a further £500m of Lloyds Banking Group shares through a trading plan launched in December, taking the total amount of money recovered for the taxpayer from the bank to just under £8bn.

This week's smartest investment commentary... condensed

How times have changed in UK Equity Income

JOHCM's Clive Beagles has seen his UK Equity Income fund demoted in Sanlam Private Investments' latest Income Study, while AXA Investment Management's George Luckraft has moved on to the recommended list.