IMA

Net retail sales of UK domiciled funds reached £2.1bn in April, the highest level since April last year and well above levels seen over the last nine months.

SECTOR REPORT

Richard Saunders, chief executive of the Investment Management Association, is to step down at the end of 2012.

EQUITIES V BONDS

SMART MONEY

Tracker fund sales have hit their highest ever levels as the passive investing trend continues to gather momentum, according to Investment Management Association (IMA) figures.

A paper being reviewed by the House of Lords has launched an attack on the Investment Management Association (IMA), saying it is ill-equipped to decide on sector classifications, and the job should fall to a more impartial body.

Net retail sales for Q1 2012 have slumped considerably compared to the two previous years, according to the Investment Management Association (IMA).

Philip Matthews, manager of the Jupiter Growth & Income fund, tells Joanna Faith where he is finding the best opportunities in the market.

The diversification characteristics of multi-asset funds have come under fire lately. Will Roberts finds out if the criticism is justified.