View more on these topics

Strategic bonds gain traction, says Cofunds

Strategic bonds gained traction in February, accounting for 7 per cent of net sales on the Cofunds platform. 

The sector ranked third for sales after cautious managed which led the table with 20 per cent of gross money invested in February and corporate bonds which represented 10 per cent of gross sales of new business. 

From January to February there was a marginal increase in corporate bond sales from 9.17 per cent of net sales to 9.22 per cent in February.

Property maintained a high but stable level taking over 5 per cent of sales.

Cofunds fund group relations Michelle Woodburn says: “With strategic bonds gaining in popularity and corporate bonds continuing to hold their own, February was a positive month for fixed income in advisers’ asset allocation.” 


£485M inflows at Gartmore

Gartmore has reported net inflows of £485m into its mutual funds for 2009, boosting assets under management by 19 per cent.

Coventry in merger talks with Stroud & Swindon

Coventry and Stroud & Swindon building societies have revealed they are in talks over a possible merger. Both societies say talks are in the early stages and nothing has yet been agreed. Stroud & Swindon sales and marketing director Linda Will says: “Talks have only been going on for a matter of a few weeks. […]

MPs question UKFI-Treasury link

The Treasury select committee has urged the Treasury to reconsider the structure of its relationship with UK Financial Investments to ensure other shareholders of state-supported banks are protected.


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