Corporate bond dominance rekindled on Cofunds

clock

Corporate bond funds saw a resurgence in popularity following a two-month dip in demand, accounting for a third of net sales on the Cofunds platform in July.

As the most popular sector, corporate bond funds accounted for 33% of Cofunds’ net sales last month, up from 18% in June. The cautious managed sector also saw an increase in net sales, from 12% in June to 19% last month, making it the second most popular sector. Meanwhile, strategic bond funds also gained in popularity, accounting for 5% of net sales over the month. The M&G Corporate Bond fund replaced the M&G Strategic Corporate Bond fund as the highest net selling fund in July, while all the top five funds in June remained in place a month later. “Last month saw the re-emergen...

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 Wrap/platforms

Platform innovation: Terry Huddart on Abrdn's Cash Solution

Platform innovation: Terry Huddart on Abrdn's Cash Solution

'I see this as another positive market development'

Terry Huddart
clock 27 February 2025 • 5 min read
LV= expands adviser investment options with Embark partnership

LV= expands adviser investment options with Embark partnership

Builds on adviser support with smoothed managed funds and digital integration

Sahar Nazir
clock 17 February 2025 • 2 min read
Abrdn Adviser makes trio of price reductions on Wrap platform

Abrdn Adviser makes trio of price reductions on Wrap platform

Moving towards a ‘more simplified charging structure’

Isabel Baxter
clock 17 February 2025 • 2 min read