09 Nov RDR is an increasing distraction…
Posted at 13:00h
in
The third quarter of 2012 served up mixed fortunes for the fund industry. Poor investor sentiment in the early summer contributed to lower sales and led to a dismal August with the lowest net retail sales since October 2008. Flows improved in September on the back of rising stock markets but fund managers report an increasingly distracted adviser community as the RDR deadline approaches. To read the rest of this press release, click here.