IMA

UK domiciled funds grew by £25bn last month, according to the Investment Management Association.

Retail investors are being excluded from the UK corporate bond market, warns the Investment Management Association (IMA).

The IMA has defended the use of short selling by investment managers and argues they should not be forced to disclose their positions to the wider market.

Revamped regulations affecting UK authorised investment funds will allow the UK to compete for business more effectively against offshore jurisdictions, according to the IMA.

Interactive Financial Adviser

After an ISA season last year the IMA described as the worst on record and forecasts of another poor period in 2008/9, figures for March show investors returned in their droves to the tax-efficient savings option.

The Investment Management Association (IMA) has welcomed numerous changes affecting offshore funds which will enhance the UK's competitiveness as a domicile for authorised investment vehicles.

The Investment Management Association (IMA) has welcomed numerous changes affecting offshore funds which will enhance the UK's competitiveness as a domicile for authorised investment vehicles.

The Corporate Bond sector remains at the top of the IMA leader board for the fourth consecutive month, with gross retail sales comprising 26% of UK fund sales in February.

The IMA is calling on the Government to raise the ISA allowance to £9,600 and urges further incentives to boost savings in the UK.