Cautious Managed still tops Cofunds in Q3

The Cautious Managed sector accounted for 30% of net sales during the period, marking the fourth consecutive quarter it has held top spot, although sales were slightly down from its Q2 peak of 32%. "I do not see Cautious Managed dropping off top-spot with RDR approaching as it provides an effective outsourcing solution," says Michelle Woodburn, manager, fund group relations (pictured). Henderson Multi-Manager Income & Growth, Thames River Distribution and Aviva Cautious Fund of Funds helped propel the sector to pole position. Although Woodburn doubts Cautious Managed will breach th...