Net retail sales of UK domiciled funds reached £2.1bn in April, the highest level since April last year and well above levels seen over the last nine months.
Fund providers are preparing for the RDR deadline at the end of the year by launching share classes without commission and platform fees.
Franklin Templeton is to close two of its UK OEICs and merge away two others following a review of its UK domiciled fund range.
Allianz Global Investors is to launch a range of risk-rated multi-asset funds in response to growing demand for "outcome-orientated" solutions.
F&C Asset Management has reported £7.2bn of net outflows for 2011, during a tough year for the group as activist investor Edward Bramson seeks to turnaround the firm's fortunes.
Simon Ellis, managing director of Legal & General Investments, explains why index funds should not be viewed as the poorer relation of their active cousins and why investors are no longer using them to just tap into developed market growth.
Investment trusts have substantially outperformed unit trusts and OEICs over the past decade, according to research.