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abrdn calls time on MyFolio Monthly Income range

abrdn is set to close the three funds in its MyFolio Monthly Income range as part of its fund rationalisation programme.

United kingdomCity ofMyfolio monthly incomeInvestment weekSterling long dated government bondWorld income equityUnited kingdom equity index managedIa volatility managedNationalisation programmeYfolio monthly income rangeYfolio monthly income iiYfolio monthly income iii

Invesco shutters Balanced Risk 8 fund due to shrinking assets

Invesco has closed its Balanced Risk 8 fund after deciding the strategy is no longer commercially viable due to dwindling assets.

Scott wolleInvesco global asset allocationInvesco balanced riskBalanced riskGlobal emerging markets bondEuro high yield bondGlobal unconstrained bondResponsible emerging markets innovators equitySustainable emerging markets structuredInvesco global asset allocationIa volatility managedNvesco balanced risk 8Nvesco balanced risk 10Wound closure

IA: Funds suffer £7bn outflows over three months

Retail investors withdrew more than £7bn from investment funds over three months to the end of March, according to the latest statistics from the IA.

Hargreaves lansdownChris cummingsEquity incomeEuropean equityEastern europeIa volatility managedEuropean equityLaith khalafAj bellEmma wallHargreaves lansdownEastern europe

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