Distribution heads said they were positive on the outlook for fund sales in the retail space this year despite the latest figures from the Investment Association (IA) revealing net flows plummeted £41.3bn to £7.2bn in 2018.
The trade body attributed the huge drop to a "perfect storm of uncertainty" as Brexit, US/China trade tensions, the declining Turkish lira and the Italian budget crisis weighed on investor confidence....
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Investor urges fund group to be more cautious on promoting funds
Ahead of 12 December general election
Demerger expected to complete in Q1 2020
Engaging with finances