Nucleus: HSBC American Index fastest growing fund in Q3

Client inflows into the £1.06bn HSBC fund rose by 694% over the quarter confirming its position as the fastest growing fund. The Fidelity Strategic Bond and the BlackRock UK funds were new additions to the list, replacing the AXA Framlington UK Select Opportunities and Threadneedle American funds. Murphy Wealth partner Adrian Murphy said: "The move out of the US actively managed equity fund would appear to be driven by the comments of Chairman Bernake to congress on the tapering of QE. This is turn has resulted in a rise in bond yields so the move into the Strategic Bond fund looks li...