Mixed Investment 20-60% shares best-selling sector in January, Cofunds

Mixed Investment 20-60% shares continued to be the highest-selling sector in January, accounting for 74% an investment platform for advisers and other financial institutions with assets under administration of £50bn.

Three of the top 20 selling funds on the platform were in this sector, including Jupiter Merlin Income Portfolio remaining the highest selling fund.

The Sterling Strategic Bond sector accounted for 23% of the proportion of net sales – with M&G Optimal Income and Invesco Perpetual Monthly Income Plus the 13th and 14th highest selling funds in January.

Elsewhere, North America attracted over 15% of net sales in January, more than double the previous month’s figure, proving the popularity this sector is gaining with advisers.

January also seemed to be a popular month for Global Emerging Markets, the sector hit a new record after accounting for 23% of the proportion of net sales.

Michelle Woodburn, head of fund group relations at Cofunds, said: “The Mixed Investment 20-60% sector remained popular with advisers in the early part of 2013, whilst Strategic Bond funds still saw inflows.”

Cofunds’ net sales January 2013
1 Jupiter Merlin Income Portfolio
2 Newton Asian Income
3 SL Inv Global Absolute Ret Strategy
4 M&G Global Dividend
5 Newton Global Higher Income
6 Liontrust Special Situations
7 HSBC Open Global Distribution
8 Jupiter Strategic Bond
9 First State Gbl Emerging Mkts Lead
10 Invesco Perpetual Distribution
11 BlackRock European Dynamic
12 Kames High Yield Bond
13 M&G Optimal Income
14 Invesco Perpetual Monthly Income
15 Cazenove MM Diversity
16 Allianz US
17 Thames River Distribution
18 Premier Multi-Asset Distribution
19 Cazenove UK Opportunities
20 JOHCM UK Equity Income

 

 

 

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