Hints and tips:
...Others taking part include BMW, the IMAS Foundation from the Ikea furniture empire, and the Swedish pension funds AMF and Folksam....
...Vitaliy Katsenelson is chief executive at IMA and author of ‘Little Book of Sideways Markets’...
...It returned 3.1 per cent, less than half the average for the IMA Global Equity Income sector. The managers said they had struggled to find opportunities in the region on a valuation or yield basis....
...Mr Khalaf, however, is a property fund sceptic, noting that “precisely zero funds in the IMA and ABI [Investment Management Association and Association of British Insurers] property sector have beaten the...
Helena Morrissey says bank threats to leave if UK withdraws from EU are ‘just not credible’
...Legg Mason Global Equity Income has punched above its weight in performance terms of late, delivered a 16 per cent return versus an IMA Global Equity Income sector average of 8 per cent in the past 12 months...
...The IMA has acknowledged concerns over the difficulty of comparisons within these sectors, and says it is working on a solution to the problem because it believes the move to multi-asset is a “structural...
...Scottish fund groups manage an estimated £494bn of assets, or 10-15 per cent of the UK total (£5.2tn), according to data from the IMA....
...More than £7bn of savings still sits in UK trackers with ongoing charges of 1 per cent or above, according to data from the Investment Management Association (IMA)....
...But in 2012 it came first out of 234 funds in the IMA Global fund sector, and in 2013 it was third out of 245....
...In the past five years the fund produced second-quartile returns, when compared against European fund peers in the UK’s IMA sector universe....
...However, the IMA’s data covers only open-ended funds. It does not include ETFs, which appears to be where most of the growth is being generated....
...Since launch the fund had returned 53.4 per cent as of late October, slightly lagging its benchmark MSCI North America index’s return of 59.6 per cent and the IMA North America sector average of 56.1 per...
...The UK’s Investment Management Association (IMA) says Mr Cameron’s pledge to hold a referendum will damage the UK’s negotiating power with European authorities over key issues relevant to asset managers....
...Adrian Boulding, L&G’s pension strategy provider, told Money Marketing magazine: “Transaction costs can be very significant for some [savers], so I hope the Association of British Insurers can influence the IMA...
...Since its launch, the fund has significantly outperformed both its IMA sector peer group and its benchmark index....
...It has outperformed its IMA Specialist sector peer group since launch, returning 26.4 per cent, compared with 0.66 per cent for the sector....
...For example, the Invesco Perpetual High Yield Bond fund, which tops the IMA sector over one, three and five years, has produced total returns of 31 per cent over the past 12 months; of that, less than a...
...The IMA is also concerned that Mr Wheatley’s review will lead to government oversight of a much wider range of benchmarks, potentially limiting the ability of investment managers to create new indices for...
...the closest proxy that we’ve got to an index,” The fund returned 0.95 per cent in the calendar year to July 31, compared with 6.8 per cent for its benchmark, the FTSE World index, and 5 per cent for the IMA...
...Funds in the IMA Global sector as a whole returned an average £1,499 on an original investment of £1,000 in the 10 years to 1 January 2012....
...follows the broad allocation of the SCM Absolute Return Portfolio, which has returned 27.1 per cent since inception in June 2009, according to company figures, outstripping the 12.4 per cent return from the IMA...
...The fund lost 4.75 per cent in 2011, slightly worse than the 4.39 per cent loss for the average fund in the IMA Technology and Telecommunications sector, although the MSCI World/Information Tech index was...
...In 2011, the fund reported a loss of 2.24 per cent, compared with an average 2.52 per cent return from the IMA Strategic Bond sector....
...The fund has outperformed the average of its peers in the IMA Sterling High Yield sector by 24.7 percentage points in the three years to January 12 2012....
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