Schroders has launched a multi-asset fund aiming to protect investors' capital in varying market conditions.
The start of 2013 has brought some New Year cheer to equity investors, with the FTSE 100 recording its best January since 1989.
The FTSE 100 rose 6.43%, or almost 380 points, in January, making this the strongest start to the year since 1989.
Assets under management in UK funds reached a record £658bn last year, with fixed income yet again the best-selling asset class despite a late surge in interest in equities.