IMA: Record sales for Global Bond sector in Q3

Global Bond was the top selling retail sector in September with inflows pushing the category to its best ever quarterly showing in Q3.

Investor appetite for bonds shows no signs of slowing with the asset class as a whole ranking as the best seller for the third month running, according to IMA figures. Net retail sales for bonds were £914m over the month and £3bn over Q3 2010. This is near the peak levels seen in the first half of 2009, when sales were over £3bn in both quarters. Equities were the second highest selling asset class in September at £760m with net retail sales totalling £2.1bn in Q3. Global Bonds saw net retail sales of £348m in September, while net retail sales for the sector were £974m for Q3.   ...