FundsNetwork investors look to diversify as geopolitical risks weigh

September data

Tom Eckett
clock • 1 min read

Sectors that provide geographical or asset class diversification dominated fund sales through Fidelity FundsNetwork in September, as investors looked for protection from geopolitical risks.

The Investment Association's Global sector claimed top spot in September, narrowly beating the IA Mixed Investment 40-85% sector. Other diversifying sectors also saw strong demand with the IA Volatility Managed and IA Mixed Investments 20-60% sectors coming third and fifth place respectively. Defensive sectors were also in demand with the IA Strategic Bond, Short Term Money Market, Corporate Bond and Global Bonds sectors all in the top ten last month. Paul Richards, head of sales at FundsNetwork, said geopolitical risks such as Brexit and escalating trade tensions between the US an...

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

Can Japan's small and mid-cap companies stage a comeback?

Can Japan's small and mid-cap companies stage a comeback?

Japan looks ripe for a change in market leadership

Darius McDermott
clock 06 December 2024 • 5 min read
Partner Insight: Is tech a double-edged sword for advisers?

Partner Insight: Is tech a double-edged sword for advisers?

Sponsored by Flagstone
clock 02 December 2024 • 1 min read
Talking with… J.P. Morgan Asset Management CEO Patrick Thomson

Talking with… J.P. Morgan Asset Management CEO Patrick Thomson

The series continues as Richard Romer-Lee chats to Patrick Thomson

Richard Romer-Lee
clock 27 November 2024 • 5 min read