Corporate bonds continue to bounce back - Cofunds

clock

Corporate bonds have staged a significant recovery in 2012, according to the latest figures from Cofunds.

Year-to-date, the sector has accounted for 11% of net sales - compared to 8% in Q4 and 3% in Q3 2011. Strategic bonds have also proved popular with advisers, accounting for 15.4% of net sales in April. The M&G Strategic Corporate Bond fund, managed by Richard Woolnough, was the sector's stand-out performer, grabbing a place in the top ten best-selling funds. Meanwhile the Mixed Investment 20-60% Shares sector continued its dominance, taking top spot for the tenth consecutive quarter and accounting for 32% of net sales in April. The Cazenove MM Diversity fund, managed by Marcus Brookes...

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 Bonds

Partner Insight: Soft landing favours corporate bonds

Partner Insight: Soft landing favours corporate bonds

RBC BlueBay Asset Management
clock 21 November 2024 • 2 min read
Prudential tops as preferred onshore bond provider by advisers

Prudential tops as preferred onshore bond provider by advisers

Quilter edges ahead of Canada Life into second place, Defaqto finds

Isabel Baxter
clock 08 April 2024 • 2 min read
Partner Insight: US inflation could hit 2% a year ahead of schedule

Partner Insight: US inflation could hit 2% a year ahead of schedule

Modest rate cuts would be justified in this scenario, says US investment giant

Gareth Jones
clock 17 October 2023 • 1 min read