Corporate bonds still flying high - FundsNetwork

Corporate bonds remain popular with investors according to FundsNetwork, despite IMA figures showing net retail outflows for the sector of £11.8m in October.

Of FundsNetwork's best selling funds in October, corporate bonds remain a clear favourite, with Invesco Perpetual Corporate Bond fund climbing to the top of the table. M&G Strategic Corporate Bond and M&G Corporate Bond also feature in the top ten. The strong showing for corporate bonds is at odds with IMA sales figures released yesterday showing investors are moving out of the sector and flocking into property. FundsNetwork's figures, however, suggest investors remain cautious, favouring the fixed income sector. But with regard to ISA sales for the month, there is strong conver...