View more on these topics

Demand for corporate bonds soars, says IMA

Demand for the corporate bond sector has surged, according to the latest Investment Management Association statistics for July.

Having been the eighth most popular sector in net retail sales terms in June, the peer group jumped to second in the rankings in July with net inflows totalling £259.4m. In June, net retail sales for corporate bond funds stood at £130.3m.

Indeed, three out of the top five most popular sectors in July were bond sectors. The global bond sector topped the table with net retail sales of £360.9m, which the IMA says is the highest selling month on record for the peer group.

Meanwhile, inflows into the strategic bond sector hit £185.8m, ranking it fourth, with global growth sandwiching the bond sectors in third place.

The unclassified sector was the least popular sector in July, with the sector witnessing net outflows of £152.1m. This, says the IMA, was the sector’s largest recorded outflow since February 2008.

Overall, net retail sales for July came in at £2.2 billion, up £100m from June.

Unsurprisingly bonds were the leading asset class in July, taking £928m of net retail sales, up £349m from June. Equity funds attracted inflows of £857m, their highest sales since November last year.



Alpha 2 Omega ARs chased for fees and PI payments

Former Alpha 2 Omega ARs are being chased over regulatory and PI payments that were not made to the network which is now in administration. Law firm Callaghans is understood to be chasing advisers for various payments, including FSA fees and PI insurance payments, that it believes are outstanding. Letters have been sent to advisers […]

Dear Chancellor…

Whatever happened to simplification, Alistair?

Tax-saving strategies for trustees

Jeremy Pearson, technical support manager at Canada Life, details some routes for trustees to consider in light of the increased rate of capital gains tax

Trouble ahead - thumbnail

Pensions: trouble ahead?

The pace of change in the pension’s space has been little short of astonishing, and has left thousands of employers struggling to keep their pension policy compliant, and also on the right side of current best practice and governance. Many employers, and indeed many in the pensions industry itself, would like to see a period of no change during the next term of government. This would give all sides a chance to catch up and draw breath. 


News and expert analysis straight to your inbox

Sign up


There is one comment at the moment, we would love to hear your opinion too.

  1. “Cusp Bonds”

    Looking for those on the cusp of becoming investment grade as corporate earning strengthen and Government Bonds (UK and US) move into negative yield territory.

Leave a comment