Adviser interest decreases in income-focused funds

According to the quarterly Market Intelligence report from Square Mile

Sahar Nazir
clock • 1 min read

Square Mile has reported a decline in adviser interest in income-focused funds, contrasting with a surge in attention towards strategies aimed at capital accumulation, according to its latest quarterly Market Intelligence report.

The report found a steady decrease from Q3 2023 to Q1 2024. In Q3 2023, such funds accounted for 46.7% of searches via the Academy of Funds, which dropped to 40.6% in Q4 and further decreased to 32.0% in Q1 2024. Conversely, strategies targeting capital growth saw an increase, claiming a 33.3% share of searches in Q3 2023 and rising to 46.0% in Q1 2024. Meanwhile, searches for capital preservation and inflation protection strategies lagged behind at 14.0% and 8.0%, respectively. There was a shift in the most researched fund groups in Q1 2024, with boutique fund house Havelock taking t...

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