Last month was far from calm waters in the investment markets, with worries over China’s slowdown, speculation over a pending interest rate rise and not to mention the Volkswagen emissions cheating scandal all taking their turn to worry investors and prompting frenzied sell-offs.
Wth all this in mind, we take a look at just what advisers were buying using the FE Analytics Market Intel (MI) tool. The tool tracks what advisers using FE Analytics are researching, buying and selling.
The income theme of this year continued with over half of the funds in the top ten falling firmly into the income category - with the ever popular Neil Woodford’s Equity Income fund featuring.
The top most bought fund was Henderson’s UK Property OEIC. The fund has had a strong 2015 beating the IA Property sector by 3.55 per cent – despite trailing its sector in 2014. Property funds in general have seen a surge in popularity over the past few years among UK retail investors.
The top 10 funds advisers bought in September (In order of most added to portfolios)
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The funds advisers liked in October, and those they didn't...