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Invesco takes over as IFAs&#39 top fund choice

Invesco Perpetual has knocked Fidelity off the top spot as the firm mentioned most frequently by IFAs when making mainstream fund recommendations, according to Keydata.

A survey of 500 IFAs found that Fidelity, which lacks a popular fund in the equity income sector, is second, with Credit Suisse third, Artemis fourth and Jupiter fifth.

Equity income remains the most recommended sector, with corporate bonds second, property third, UK growth fourth and funds of funds fifth.

Credit Suisse&#39s income fund, run by star manager Bill Mott, is the most recommended equ-ity income fund, ahead of Inv- esco, Jupiter, Liontrust and Artemis. In the corporate bond sector, M&G is top, with Invesco second, Fidelity third, Legal & General fourth and Threadneedle fifth.

Fidelity is seen as the strongest brand, followed by Jupiter, Invesco, Artemis and New Star. IFAs believe these five are most likely to succeed over the next three years.

Keydata director Hugo Huggett says: “It is clear that IFAs are now staying at home with the recommendations they are making and changing asset classes to diversify portfolios.”


Bond aid

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Standard Life property fund opens door on offices

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Patrick Gale

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Tax year-end planning with the family

From the Technical team at Prudential Let’s face it, many aspects of financial planning involve a lot of technical detail. At our face-to-face events, we’ve had great success bringing these technical topics to life through the use of practical case studies. Meet the family Prudential’s Planning Matters hub brings together a fictional family and explores […]


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