IFAs accessing ETFs via wrap platforms this year have followed the trend in the unit trust world with a preference for fixed income vehicles, according to iShares data.
The ETF provider says fixed income funds made up the highest portion of its AUM from this distribution channel at Q3 2009, with a split between government and corporate bonds. IFAs have also registered significant interest in property and emerging markets ETFs with Dividend Plus products too proving popular. Julian Hince, business development director for iShares, says: "We are not surprised by these findings as fixed income has been the asset class of choice for many investors in the current climate. "In terms of property, the credit crisis has meant investors have been looking at...
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