Tuesday 6th February 2007
Long-term investments are likely to dominate portfolios throughout the new season of individual savings accounts (Isas), according to Barclays Stockbrokers.
The stockbroker revealed figures which show that the top 20 best-selling stocks in its funds market performed more strongly in 2006 than in 2005.
In total, there was a 67 per cent increase in investments made in the top 20 funds, Barclays Stockbrokers said.
Philip Northey, director of Barclays Stockbrokers, commented: "The considerable interest in these investments was obviously generated by the high performance."
"We believe these particular funds and sectors will continue to be popular throughout the forthcoming Isa season and beyond," he added.
The average amount invested in stock-related Isas also grew, from £3,340 to more than £3,600, the statistics showed.
Barclays noted that top performers over the year included specialist and emerging market investments, along with income-based funds.
Some £10 billion of assets are currently under the management of Barclays Stockbrokers, the company states, following a 300-year history of experience in the global investments market.
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