Ms Woodburn said: “The sector was in high demand with advisers over the first quarter, and it is also interesting to note that UK equities are coming back into favour after outflows in 2012.”
Adviser view
Gavin Haynes, managing director of Bristol-based Whitechurch Securities, said: “The increasing popularity of the sector does not surprise me. It is dominated by multi-asset strategies and illustrates the increasing trend of advisers to outsource asset allocation to investment managers as opposed to building portfolios themselves.”
| Cofunds’s Top-selling funds for April by net sales |
1 Liontrust Special Situations 2 Invesco Perpetual Distribution 3 M&G Global Dividend 4 Newton Asian Income 5 Threadneedle Monthly Extra Income 6 Newton Global Higher Income 7 Standard Life Investments Global Absolute Return Strategy 8 Jupiter Merlin Income Portfolio 9 Henderson Cautious Managed 10 First State Global Emerging Markets Leaders |
