Zombie funds a dead loss for investors

Inside: Secured Loans UK

Zombie funds a dead loss for investors
Millions of savers trapped in with-profits funds that are closed to new investors continue to receive pathetic returns

Data raises hopes worst of downturn may be over
LONDON (Reuters) – House prices rose for the second time in three months in May, the consumer mood steadied and a top retailer enjoyed its best week this year — further signs the economy may have begun the long road to recovery.

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