Cash tops FundsNetwork ISA and SIPP sales in 2008

clock

Cash proved to be the most popular safe haven from the freefalling markets this year, with two cash vehicles among the top five highest selling investments on Fidelity FundsNetwork in 2008.

A shift away from the market mayhem ensured the Fidelity Cash fund was the third best selling fund across the entire platform, while the Fidelity FundsNetwork ISA Cash Park ended the year at number five. Cash was most popular for ISA and SIPP investors, with the Cash Park leading ISA sales and the Cash fund topping the SIPP table. Neil Woodford's Invesco Perpetual High Income fund ended 2008 as the highest selling fund on the platform, ahead of Mark Lyttleton's BlackRock UK Absolute Alpha and the Jupiter Merlin Income Portfolio in fourth. Invesco Perpetual proved to be the most popula...

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 Investment

How quality investing behaves through the cycle

How quality investing behaves through the cycle

Resilience when it matters more

Joseph Stephens and Laura Neill
clock 14 September 2026 • 4 min read
Why portfolios need to evolve, not revolve when it comes to client outcomes

Why portfolios need to evolve, not revolve when it comes to client outcomes

'As market structures evolve, so must portfolio construction'

Ed Senior
clock 11 September 2026 • 4 min read
What does 'quality' investing actually mean?

What does 'quality' investing actually mean?

Why persistence is the real test

Joseph Stephens and Laura Neill
clock 11 September 2026 • 4 min read