Bringing you live news and features since 2006 

Global sectors popular with institutional money in June


Global sectors enjoyed a booming month in June with wealth managers and execution only clients whilst product providers focused on the managed sectors, according to the latest sales breakdown from Cofunds institutional service.

Wealth managers and execution only clients both favoured a global outlook with global growth featuring in the top five selling sectors for both client bases.

Global bonds and global emerging markets also featured in both groups’ top five, taking fifth and third places respectively.

Product providers, namely underlying collectives supporting pension, bond and Sipp wrappers, were drawn to managed funds with cautious, balanced and active managed sectors making an appearance in their top six selling sectors.

Christopher James, director, institutional services at Cofunds, says: “June saw two of our three client bases take a notably global position. Where wealth managers favoured Standard Life Investment Global Index Linked Bond and Lazard Emerging Markets in their top ten selling funds, execution only clients preferred Aberdeen Emerging Markets and First State Global Emerging Markets Leaders. Although down from its peak in May the UK All Companies sector saw continuing popularity across all three groups, featuring in all their top four selling sectors.”

The highest net funds in June in the wealth managers sector were in the Legal & General Dynamic Bond, while execution only was the Legal & General UK Index, and product providers the M&G Strategic Corporate Bond.

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by