How to build a top quality track record

From the number of forthcoming funds on the launch pad an observer would hardly guess that the UK funds industry is having a lean summer when it comes to sales. There are planned fund offerings from groups such as Artemis, MFS, Friends Ivory & Sime, JO Hambro, Polar Capital, BWD Rensburg, Scottish Widows, Royal & SunAlliance, Norwich Union, New Star, Jupiter, Forsyth and Hiscox. This at a time when net retail fund sales have fallen to their lowest level in years. According to Autif figures, sales in July came to around £504m, this when New Star drew in some £200m in sales into its newly...