Statistics released by Chelsea Financial Services showed that the Investment Management Association’s Global Equities sector was the best-selling junior Isa sector sold through the London-based fund supermarket and advisory firm in the first three months of this year.
Sales of Jisas in the UK All Companies sector dropped to second place after topping the league in the same period last year, while Asia-Pacific excluding Japan remained in third.
UK Smaller Companies and Global Emerging Markets also made the top five, with the latter dropping from fourth to fifth since the first quarter of 2013.
The £3.9bn Newton Asian Income fund kept its position as the best-selling Junior Isa fund, while the £367m Rathbone Global Opportunities fund shot up from sixth to second place in the past 12 months.
Juliet Schooling Latter, head of research at Chelsea, said: “The disappointing returns from emerging markets are obviously starting to take their toll on investor sentiment.
“Certainly, the number of lump-sum investments into the asset class has fallen, although monthly savings remain steady. It is often the case that when an asset class is unloved, it is a good time to invest.”