Maria Merricks reports on which asset class is best for clients in the current environment.
Investor appetite for bonds is building rapidly, as the negative outlook for economic growth has led many to shun ‘riskier’ equities. Recent IMA data reveals Bonds was the best-selling asset class in August. For the first time since the first half of 2009, sales surpassed the £1bn mark, returning to the peak levels seen during the period from December 2008 to May 2009. As in July, three of the top five selling IMA sectors were bond sectors, with £ Strategic Bond in fourth place, Global Bonds in third and £ Corporate Bond the best-seller, with net retail sales of £573m. No equity secto...
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