IMA

Are corporate bonds set to make a comeback?

ALTERNATIVE INCOME

SECTOR REPORT

UK funds under management hit a record high in 2013, while sales of equity funds tripled from 2012, Investment Management Association data has revealed.

Investors ditched fixed income funds - corporate bond portfolios in particular - and opted for UK and European equities in November as the great rotation becomes more and more visible, according to the latest figures from the Investment Management Association...

A year hyped as the start of a great rotation from bonds into equities actually saw more of a trickle out of fixed income, but it was not plain sailing for bond funds.

PASSIVES

Hundreds of multi-asset funds are failing to gain traction among investors despite a concerted push into the space by asset managers, analysis shows.

The Investment Management Association (IMA) has responded to the Financial Conduct Authority's (FCA) concerns over outsourcing arrangements across the industry by producing a set of principles it expects members to adopt and adhere to.

The IMA has launched an online review tool for the Targeted Absolute Return sector designed to help advisers and consumers find and compare funds.