IMA sector launch delayed

4 January 2012 | By Rob Langston, Gary Jackson

The IMA Mixed Investment 0-35% Shares sector has not yet officially been launched as there are fewer than 10 funds that will currently sit within the sector.

The IMA says the sector will launch once 10 funds have been found to populate the sector.

Appetite for the IMA Mixed Investment 0-35% Shares sector had already been questioned by some within the industry.

The remaining three sectors have been launched: IMA Mixed Investment 20-60% Shares, IMA Mixed Investment 40-85% Shares and IMA Flexible Investment sector.

The new sectors were announced by the IMA in November, bringing them more into line with corresponding sectors within the Association of British Insurers (ABI) universe of pension funds.

The harmonisation with the ABI sectors had presented a u-turn for the IMA, which had previously sought to risk-rate and alphebatise the managed sectors, but this had been questioned by the industry.

To access a list of funds in the new sectors, please click here.

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