Investors shied away from cash and fixed interest towards the end of 2009 and gradually moved into equity and property investments, according to Skandia.
Its latest analysis reveals UK fixed interest funds remain the biggest sellers on the platform. They account for 23% of sales but this marks a decline from 28% in Q1 2009. Cash and money market funds were the biggest fallers, plunging from 14% of sales in Q1 to 8% in the final quarter. The BlackRock Cash fund was the top-seller during 2009 but M&G was the best overall performer, grabbing four out of the top 10 selling funds. Corporate bonds dominate the top half of the chart following substantial inflows in the first part of the year. But as confidence returned to the market against a...
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