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Corporate bonds are advisers' top pick for 2009
by Daniel Grote on Feb 26, 2009 at 11:30
Corporate bonds are the favourite asset class for advisers in 2009, a new survey of nearly 1,500 IFAs shows.
A total of 83% of advisers said they would be recommending corporate bond investments for their clients this year, while 67% said they will recommend UK equities, and 65% income funds.
Global equities are the next popular asset class, with 58% of advisers saying they will recommend them. 51% favour multi-manager funds, 50% favour US equities, 40% like European equities and just over a third will recommend cash.
The survey was conducted among 1,430 advisers by Gartmore, M&G, Newton and Schroders at their Joint Investment Forum event.
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