Cautious Managed

INCOME

Net retail sales slumped nearly 40% last year to their lowest level in three years, according the IMA's annual figures.

Here's a New Year puzzle for you. Funds A and B have an AMC 1.5%, but fund A's trading costs are lower. So which is better value for money? Which is better value?

First State's Martin Lau has beaten stars including Invesco Perpetual's Neil Woodford and Neptune's Robin Geffen to see his Greater China Growth fund ranked the most consistent performer over the three years to the end of 2011.

AXA Investment Managers' Richard Marwood says understanding how asset classes react differently to various market conditions is the key to real portfolio diversification.

Strategic bond sales soared in December as equity funds suffered a poor end to the year, according to the latest figures from platform Cofunds.

PSigma Investment Management is relaunching its discretionary management service as the firm looks to capitalise on the adviser community's preference for outsourcing solutions ahead of the retail distribution review (RDR).

Equity funds experienced their highest ever outflows of retail money in November as investors pulled out their cash in droves amid the ongoing eurozone crisis.

Fund launches reached a decade low last year as groups held back new products in the face of market volatility.

The Investment Management Association (IMA) consulted just four IFAs about the overhaul of its Managed sector model.