IMA

The IMA is conducting a review of the Absolute Return sector, which may see its name changed and sub-categories introduced.

IMA chief executive Richard Saunders has hit out at the FSA for inconsistencies in its RDR proposals, saying the regulator is ‘rolling the dice'.

The IMA Global Emerging Markets sector recorded its largest monthly net retail inflow on record in October, as investors redeemed a significant amount from UK All Companies funds.

The IMA has created a new China/Greater China sector and redefined its Global Growth category.

As the UK commercial property sector sees a sustained rise in prices, Julian Smith, fund director of F&C UK Property, says now might be the time for investors to move back into bricks and mortar.

Net inflows of £5.1bn have surged into funds of funds over the first three quarters of 2010, higher than any other annual sales level.

Global Bond was the top selling retail sector in September with inflows pushing the category to its best ever quarterly showing in Q3.

The IMA will consult with advisers on potential changes to the Cautious Managed, Absolute Return and Global Growth sectors as part of a wider review of its fund classification system.

Which asset class is best for clients in the current environment?

Bonds funds continued to dominate new inflows in August and helped boost retail sales for the month to a record high, according to the IMA.