Cautious Managed was the top-selling sector on Cofunds in August as advisers continue to outsource investment decisions in the run-up to the RDR.
The sector accounted for 30% of net sales on the platform with Thames River Distribution, Henderson Multi-Manager Income & Growth and Jupiter Merlin Income Portfolio the key funds driving the sector's table-topping performance. "Cautious Managed will continue to be very strong because it offers the perfect outsourcing solution allowing advisers to tick the RDR boxes of appropriateness for their clients," says Cofunds business development manager Michelle Woodburn. Other Cautious Managed funds gaining traction include SWIP Multi-Manager Diversity, Aviva Cautious Fund of Funds and Aberd...
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