Corporate bonds continue sales domination

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Corporate bonds continue their reign at the top of the sales charts, accounting for around one quarter of net sales in May, according to the latest figures from Cofunds.

M&G and Invesco Perpetual were responsible for a total of 60% of the net sales, with M&G's Strategic Corporate Bond taking first place. The group's Corporate Bond fund was in second place, while Invesco Perpetual's Corporate Bond fund, M&G's Recovery fund and Invesco Perputual's High Income fund took third, fourth and fifth place respectively. Artemis' Strategic Assets fund also made its first appearance taking 10th place in the chart. The newly launched fund is the group's first launch in four years and is fund manager William Littlewood's first retail fund since 1999. The fund's ...

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