UK funds recorded net retail outflows of £1bn in July as cautious investors continued to sell out of equity and property funds in the wake of June's Brexit vote.
The latest figures from the Investment Association follow redemptions of £3.5bn from UK funds in June, in the immediate aftermath of the European Union (EU) referendum outcome. Apart from global equity...
Feasibility study due
'Let’s be bold enough to demand change'
Joint life second death option added to relieve tax burden on couples gifting assets
Backed by Schroders, LGIM and the IA
New system for funds without without three-year track record