Mixed Investment Shares top-sells on Cofunds

The Mixed Investment 20-60% shares sector, formerly IMA Cautious Managed, accounted for 42% of net sales on the platform last month. The Cazenove MM Diversity fund, managed by Marcus Brookes, was the best-selling fund. "Mixed Investment Shares, particularly the 20-60% share sector, continued to attract the highest inflows last month reflecting investors' ongoing caution," said Cofunds head of fund group relations Michelle Woodburn (pictured). "However, there were pockets of interest in emerging markets, with solid performance from established players First State and Aberdeen." E...