Invesco dominates 2005 sales

Professional Adviser
clock

Invesco Perpetual was the dominant force on Fidelity FundsNetwork last year offering four of the platform's top-five selling funds. The groups' £4.1bn High Income fund, managed by Neil Woodford, and the £1.2bn Corporate Bond fund, managed by Paul Causer and Paul Read, came first and second respectively for fund sales. The group also offered the fourth and fifth bestselling funds with its Monthly Income Plus and Income funds. Breaking up the monopoly is Anthony Bolton's £5.5bn Fidelity Special Situations fund, which came in third. In sixth was the Fidelity European fund, now managed by Tim...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •