The Investment Management Association (IMA) is struggling to find a "perfect" solution to calculating fund performance following the shift to clean pricing, and may have to devise a completely new approach.
The trade body last year held back from releasing new recommendations about how it would calculate fund and IMA sector average returns, stating it wanted to wait for the release of clean and super clean...
Has run Cautious Managed fund since 2011
What’s right – not what sells
Richards fires back at committee report
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Invested from 2006-2011