IMA

Two of Neil Woodford's Invesco Perpetual funds are among 17 portfolios that will shift to the IMA's new UK Equity Income and Growth sector.

Investor confidence has not plummeted to the extent expected given the state of economic markets, according to the IMA's second bi-annual Great British Investor report.

The IMA is calling for the FSA to regulate structured deposits and their distribution to customers.

Retail sales for tracker funds hit a six-year high in the final three months of 2008, IMA statistics reveal.

Total net retail sales for 2008 were down to £3.9bn compared with £9.5bn in 2007 and are the lowest since 1995, according to the latest figures from the IMA.

Fund houses with substantial offshore offerings are building up the profile of the portfolios in the UK retail market ahead of the IMA's introduction of offshore listings.

Net retail sales have seen their best month since May 2007 with total sales of £1,037m during November, according to the latest figures from the IMA.

The Investment Management Association (IMA) is calling on the FSA to investigate what it calls weaknesses with default arrangements in cash equity markets "as a matter of urgency".

Overseas domiciled funds saw a decline in assets under management (AUM) last month, but they fell by less than their UK-domiciled peers, according to the latest figures from the IMA.

UK funds saw a severe drop in assets under management (AUM) last month, according to the latest figures from the Investment Management Association (IMA).