Fixed income funds saw their first net outflows since January 2014 last month, according to the Investment Association's (IA) latest figures.
Despite being the best-selling asset class in April, fixed income funds floundered in May with a net outflow of £162m. A sharp reversal in bond yields seen in Europe in particular during April and May...
'No viable alternative'
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3 March 2020
CIO Stephen Jones will take up UK duties on an interim basis
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