Advisers flock to blended funds

Of gross sales in the Architas risk-profiled fund range 23% were in the blended funds, up from 14% across the whole of 2012. Blended funds offer advisers a mix of passive and active management styles. Due to the increased demand for the blended range percentage flows into Architas' passive range were down slightly at 50%, from 55% in 2012 while the active range also saw a slight drop from 32% in 2012 to 27% in the first six months of 2013. Architas managing director Hans Georgeson said: "During 2012 we saw a rise in flows into our passive fund range, which suggested cost was a key ...