Property fastest grower on Cofunds in January

clock

The Cautious Managed sector held on to its dominant sales position on Cofunds for January, but property continued to be the fastest-growing sector.

Cautious Managed accounted for almost a third of net sales but property increased at the fastest rate to grab a 9% share. Corporate Bond was the second biggest seller.  Two property funds, M&G Property Portfolio and SWIP Property, featured in the top 20 selling funds and a further two made it into the top 50. "It continues to be a positive story for the Property sector which accounted for almost 9%, a great result for a sector that is traditionally a non core holding," says Michelle Woodburn, Cofunds business development manager - fund managers. Despite Cautious Managed holding ont...

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

PA360: It is 'impossible' to pick out the best asset class every year

PA360: It is 'impossible' to pick out the best asset class every year

‘The outsourced route is one that a lot of advisers are now taking’

Hope Coumbe
clock 26 April 2024 • 2 min read
PA360: Framing of information to investors 'extremely pervasive'

PA360: Framing of information to investors 'extremely pervasive'

Consumer Duty states consumer biases must not be exploited

Jenna Brown
clock 25 April 2024 • 1 min read
Schroders chief executive Peter Harrison to retire in 2025

Schroders chief executive Peter Harrison to retire in 2025

Harrison began his career at Schroders as a graduate in 1988

Cristian Angeloni
clock 24 April 2024 • 2 min read