Cofunds: Strategic bond sales soared in December

While Cautious Managed sales remained in pole position with 48% of net sales last month, Strategic Bond increased its share of the spoils from 9% in November to 14% a month later. Its monthly average over last year as a whole was 11%. Powering the Strategic Bond sector up the rankings was Richard Woolnough's M&G Optimal Income fund, which was the best-selling fund on the platform. Equity funds, however, fell out of favour at the end of 2011 amid turbulent economic conditions. Europe (-7%), UK All Companies (-5%), UK Equity Income (-5%), Specialist (-2%) and UK Smaller Companies (-1...