IMA publishes offshore funds statistics

It says the publication of statistics – going back to July 2006 – will be displayed with the current IMA monthly sales data and in the short-term will be placed into an ‘overseas’ category for the purposes of the IMA’s classification system. The IMA says the statistics mark the end of the first phase of its overseas funds project, as it says the collection of sales and funds under management figures for 497 funds from 22 fund management companies, “provides important headline information about the overseas market”. And going forward the IMA says future figures for offshore funds will be...