Advisers continuing to invest defensively - Fidelity FundsNetwork

Global sector most popular

Tom Ellis
clock • 1 min read

Advisers that use Fidelity FundsNetwork are continuing to invest defensively, the firm said, revealing the Global sector was again the most popular sector on the platform in April.

Fidelity said its theory that advisers are continuing with a defensive attitude is backed up by the make-up of the top-ten bestselling sectors in April, which saw Volatility Managed come in as the second most popular ahead of Mixed Investment 40-85% Shares and £ Strategic Bonds. In terms of specific funds, Fundsmith Equity was the most popular on the platform in April ahead of the Fidelity Cash Fund and the Vanguard LifeStrategy 40% Equity Fund. As for the investments made within pension funds on the platform, FundsNetwork said the cautious sentiment is extending to long-term asset al...

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 Markets

Market movers: Markets hold steady after chancellor's Spring Statement

Market movers: Markets hold steady after chancellor's Spring Statement

Rachel Reeves made Spring Statement speech in Parliament

Professional Adviser
clock 26 March 2025 • 1 min read
Bank of England holds rates at 5.25% in final pre-election decision

Bank of England holds rates at 5.25% in final pre-election decision

'The MPC would not want to be perceived as politicking'

Cristian Angeloni
clock 20 June 2024 • 1 min read
Inflation officially back to Bank of England's target level of 2%

Inflation officially back to Bank of England's target level of 2%

Data shows a 2% year-on-year fall ‘in line with consensus expectations’

Hope Coumbe
clock 19 June 2024 • 2 min read