View more on these topics

Fixed interest investments in high demand, says Skandia

The top selling funds on the Skandia MultiFunds platform in January show high demand for fixed interest investments.

Half of the top ten selling funds over the month were fixed interest with M&G high interest topping the table.

Skandia says this is a result of investors demonstrating a reduced appetite for risk in the current volatile markets, with financial advisers using its asset allocation tools to build lower risk portfolios in line with client risk profiles.

Strong in-flows into Merrill Lynch gold & general and JP Morgan natural resources also demonstrate demand for funds providing exposure to commodities.

Invesco Perpetual was the most popular fund group with its two income funds joining two of its fixed interest funds in the top ten.

Skandia head of investment marketing Graham Bentley says market volatility has resulted in a reduced appetite for risk for many investors.

He says: “These market conditions demonstrate one of the key benefits of platform asset allocation tools which enable advisers to switch their client’s investments into more appropriate portfolios rather than coming out of the market completely.

“We have seen significantly increased switch activity on all our platforms and anecdotal evidence suggests this is a measured asset allocation-based response to market conditions, rather than a knee jerk reaction that has often been the case in the past where nervous market conditions prevail.”


National Dragons’ Den to boost enterprise says Tory review

An independent review commissioned by the Tory party into the UK’s enterprise environment has proposed that a national system similar to the TV show Dragons’ Den should be introduced to boost entrepreneurialism in the UK. It proposes improving financing for growing businesses by making it easier for people or businesses to invest as syndicates. It […]

DWP to launch study into impact of means-testing on personal accounts

Work and Pensions Secretary James Purnell announced yesterday that he would be launching a study into the impact of means-tested pension benefits on personal accounts. This is the first time the Government has acknowledged the issue of means-testing which is threatening to derail the introduction of personal accounts in 2012 because it will leave some […]

Retirement - thumbnail

A downhill stroll?

The Department for Work and Pensions (DWP) has recently published new research, which once again demonstrates how the prospect of retirement is changing for older workers.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm