IMA

Schroders CIO Alan Brown has joined the IMA board following a number of changes at the trade association.

The Corporate Bonds sector stormed to first place in the FundsNetwork sales chart for 2009 - but failed to make the top ten list of performers.

Investors are less positive on the outlook for returns in 2010, with the numbers planning to invest falling by almost 50%, according to the IMA.

Property continued to top the retail best seller table in November for the second month running in what proved a bumper period for fund inflows, according to IMA figures.

A lawyer representing advisers faced with client complaints over investments placed in the suspended Arch cru funds has hit out at regulators for endorsing the vehicles.

Corporate bonds remain popular with investors according to FundsNetwork, despite IMA figures showing net retail outflows for the sector of £11.8m in October.

Property was the top selling net retail sector for the first time in over two years in October, as Corporate Bonds slumped to a net outflow.

Corporate bond funds remain a firm favourite with investors, latest figures from the Investment Management Association (IMA) show.

The IMA is to close the UK Zeros sector on 30 September and move the five funds into the Specialist category.

Bonds continue to dominate UK net retail sales although equity funds are starting to gain ground, according to IMA sales figures for July.