FEIFA posts 10% rise in membership
European trade association for IFAs reveals 10% growth in membership.
Outflows from developed market equity funds hit 12-month high
Retail investor redemptions from developed market equity funds have hit the highest level in a year.
Efama: European funds continued recovery in 10
AUM held by Europe’s funds industry continued to recover last year, EFAMA is reporting.
Isle of Man deposit base falls by £2 bn
Deposits on the Isle of Man decreased by £2.1 bn in the first quarter of 2011.
FSA warns over ‘misleading’ Connaught AM advertising
The FSA has issued a warning to investors in a pair of Connaught Income Funds.