Fidelity FundsNetwork: IMA's June Investment Fund Statistics

Commenting on the IMA’s June Investment Fund Statistics, Rob Fisher, Head of Sales and Marketing, Fidelity FundsNetwork said: “In stark contrast to the IMA’s latest statistics which show that net sales for ISAs were down by 43% in June compared to last year, FundsNetwork saw a 22% increase in sales over the same period.

“This is further evidence that platforms are increasingly becoming the distribution channel of choice for ISA investors and their advisers. This trend is set to continue as ISA savers take advantage of the benefits of platforms.”