Cash is no longer king: Investors drop cash allocations in 2023
Investors dropped cash allocations from 11% to 8.9% last year as confidence in equity markets improves, says Interactive Investor
Investors dropped cash allocations from 11% to 8.9% last year as confidence in equity markets improves, says Interactive Investor
Finsbury Growth and Income underperformed for the third year running
Aegon Diversified Monthly Income took the top spot for the most-searched fund
Researchers narrowed down the universe of over 400 trusts
AI could make half of all business models redundant within 10 years
A potential end to interest rate hikes injected optimism back into UK investors, who favoured passive funds over their active counterparts
The trust will return some capital this year as it winds down, but shareholders may not see a full repayment until 2033 as private assets mature
A potential end to monetary tightening has ricocheted rate-sensitive funds back into vogue
Babin will specialise in analysing fixed income strategies
Some funds were flooded with fresh cash last year, while the likes of Fundsmith Equity and Liontrust Special Situations lost billions
Over half (60%) of asset classes made a positive return in 2023