China vehicles top but property funds hit
This week on IFAonline.co.uk, we've covered FOS payouts, gifts from the Bank of England and Treasury campaigns. But how much do you remember?
The European mutual fund industry shrunk by 1.3% in the second quarter, with a net decrease of more than 400 funds, as the number of mergers and closures began to accelerate again.
Fund group CEOs have blamed the impact of the Retail Distribution Review (RDR) for a sharp divergence between UK fund sales and those elsewhere in the world at the start of 2013.
Fund launches reached a decade low last year as groups held back new products in the face of market volatility.
Ireland's investment fund industry has witnessed growth of nearly 30% over the year, according to a Lipper report.
More than 150 UK domiciled funds - equivalent to 12% of the total universe of funds today - have raised annual management fees over the past decade, a new Lipper study has revealed.
Fitch Ratings has joined with Lipper to launch a fund rating service which combines Fitch's qualitative fund analysis with Lipper's rankings and performance data.