Discount brokers top funds purchase table

Discount brokers are now the favourite channel for buying investment funds, according to Autif's 2000 survey into the buying habits and attitudes of callers to its information service. The survey, carried out by Continental Research, showed that from the total sample of 500 randomly selected callers, 42% said they would purchase their investment funds from a discount broker, 38% choose to buy direct from the fund manager and 27% of investors bought investment funds though an IFA. In 1999 only 4% of the total sample said they would use a discount firm. Clare Arber, PR manager at Auti...