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35 per cent of IFAs support distribution funds – AXA

Over a third (35 per cent) of IFAs back distribution funds as a core investment for investors&#39 portfolios, according to research from Axa.

The research shows 44 per cent of IFAs feel distribution funds are either very attractive or attractive as a key component of an investor&#39s portfolio.

Fifty one per cent of IFAs expect their distribution funds to increase by 6 per cent or more over the next twelve months.

Investment marketing manager Mike Mumford says: “Distribution funds have proved themselves to be reliable, resilient and profitable platforms for investors.”


Doorbells hit a sour note for buyers

The National Anthem, Jingle Bells and Nirvana&#39s Smells Like Teen Spirit ringing out bell-fashion from elegant front doors may be mildly amusing but could cost you the sale of your home, according to a report by Cheltenham & Gloucester. The Diary agrees with 92 per cent of the country that novelty bell tunes are rather […]

Man structure RMF style product

Man Investment has introduced Man RMF Multi-Style Series 2, a capital-protected fund of hedge funds that is available in dollar and euro currencies. This product is designed to perform independently of bond and equity markets by investing in a range of hedge fund strategies such as equity hedge, even-driven, relative value and managed futures. It […]

Pru in £1.5m push for smoothed plan

Prudential is launching a £1.5m marketing campaign to convince consumers to switch to its smoothed investment plan rather than keeping their money in cash. The firm says its PruFund investment plan – first revealed in Money Marketing earlier this month – will target the £107bn which Prudential bel-ieves consumers have tucked away in deposit accounts. […]

Wolves IFA buys up firm

Wolverhampton IFA Newell Palmer & Associates is buying three-RI firm Collinge Rayner for an undisclosed sum. Seven-RI Newell Palmer says the acquisition of Birmingham-based Collinge marks a big step forward and is one of a series of planned purchases. Corporate specialist Newell Palmer assists private and business clients in tax-free property purchases. The deal is […]


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