Fundsmith tops Bestinvest client favourites list for fourth month

Consumer confidence back to pre-Brexit levels

The £8.5bn Fundsmith Equity fund was the most popular fund with Bestinvest clients for the fourth month in a row, as the firm unveils the top ten products its clients favoured in September.

The investment and financial planning firm said clients preferred equity and multi-asset funds, rather than fixed income, as UK consumer confidence had risen to pre-Brexit levels. Which funds are in and out of Tilney Bestinvest's latest buylist? Meanwhile, investors continued to show preference for long-established fund managers over the industry's rising stars including the Fundsmith Equity's Terry Smith. Jason Hollands, managing director at Bestinvest, said: "The most popular fund with our clients for the fourth month running was the Fundsmith Equity fund, managed by Terry Smith....