IA fund universe suffers £2.7bn net outflows in February
All major asset classes suffered a second consecutive month of net withdrawals
All major asset classes suffered a second consecutive month of net withdrawals
£1bn pulled from funds in June, including a net £858m from UK equities
Net £1.4bn was invested in January but the UK All Companies sector still faced heavy outflows
2022 marks the first year when sales to retail investors fell into the red
Fixed income proved a big draw but other asset classes are still getting pummelled
But outflows from multi-asset strategies gained a bit of momentum
Free-to-use portal will help locate misplaced pensions, dormant savings accounts or lost investments
UK investors withdrew a total of £2.5bn from investment funds in February
Women’s pay lags men’s as much as 46% at some investment houses
Time to shelve LTIP schemes?
Move would have seen maker of Dove soap and Marmite drop from FTSE 100
Quilter CEO Feeney and former Janus Henderson boss Formica to step down