Investment funds security in event of bank collapse

[Dogsbody]

How secure are investment funds managed by a bank or institution if the same bank collapses?

 

[LDFerguson]

My understanding is that investment funds are separate trading entites from their promoters. So even though a bank might sell the funds to their customers, or perhaps own the fund manager, the assets of the fund would be separate from the assets of the bank itself.

 

[mercman]

Liam, I thought that but this differs from Bank to Bank. Send me a PM re past queries please as am unable to send you one.

 

[Dogsbody]

Thanks guys for the response,this also was my understanding and makes sense.However I am fortunate enough to have substantial funds invested with one particular bank,was considering adding to it shortly but am wary until I get a definitive answer.

 

[LDFerguson]

The Financial Regulator may be able to answer your query.