The Global Bond sector reached its highest ever monthly sales figure in July, according to the Investment Management Association.
Cazenove has criticised the IMA for not bringing "vital clarity" for investors after the trade body decided against making changes to its Absolute Return sector for at least another 12 months.
Fund of funds recorded their highest ever quarterly net retail sales in Q2 at £2.3bn, according to the IMA.
UK equity income fund managers have made a strong move into integrated energy company Centrica after shifting out of BP on the suspension of its dividend.