Commodities craving 'reason for rise in Specialist popularity'

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The scale of investor demand for commodities has been likened to that for technology investments at the turn of the century after research showed Specialist as the best selling IMA sector for April.

According to monthly statistics from Fidelity FundsNetwork, the specialist sector was 40% more popular in April than it was in March, and more fashionable than bonds despite the market conditions. The FundsNetwork research also shows its own cash fund as the seventh best-selling fund in April, and reveals riskier investors targeting Asia, Japan and global emerging markets would have been rewarded. Jason Walker, senior manager at AWD Chase de Vere, says the popularity of the specialist sector can be attributed to consumer desire for commodities. “We have seen in the past few months that c...

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