Corporate bonds lead Cofunds rankings

clock

The corporate bond sectors continue to lead sales at Cofunds, accounting for 39% of net sales in the first quarter, according to the platform.

M&G Corporate Bond and Invesco Perpetual dominate the lists, with five of the most popular funds and constitute over half of all net new sales in Q1. Ten groups accounted for 63% of all gross new business. The five most popular funds were M&G Corporate Bond, Invesco Perpetual Corporate Bond, M&G Strategic Corporate Bond, Invesco Perpetual High Income and Invesco Perpetual Income. The figures also show a marked increase in the number of income funds which now account for nine of the platform's top twenty selling funds. Business development manager at Cofunds, Michelle Woodburn, says:...

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 Fixed Income

Partner Insight: Vanguard's Fixed Income Update - Yields decline on dovish Fed rhetoric in November

Partner Insight: Vanguard's Fixed Income Update - Yields decline on dovish Fed rhetoric in November

The key themes in global bond markets over the past month.

Kunal Mehta, Head of Fixed Income Specialist Team, Vanguard, Europe and Suparna Sampath, Fixed Income Product Specialist, Vanguard, Europe
clock 01 February 2024 • 8 min read
Bond market: Forget the crystal ball and focus on the easy win

Bond market: Forget the crystal ball and focus on the easy win

Fixed income offers more value now than at any time in the last decade

Darius McDermott
clock 28 November 2023 • 5 min read
Why it pays to be nimble in the fixed interest market

Why it pays to be nimble in the fixed interest market

Agility and active management needed when 'the chips are down'

Jerry Wharton
clock 21 September 2023 • 4 min read