Mixed Investment 20-60 per cent shares topped the 2013 leaderboard as the best-selling sector with the highest percentage of net sales throughout the year, according to new figures from Cofunds, the UK investment platform that was acquired by Legal & General last year.

Mixed Investment 20-60 per cent shares topped the 2013 leaderboard as the best-selling sector with the highest percentage of net sales throughout the year, according to new figures from Cofunds, the UK investment platform that was acquired by Legal & General last year.

Global Equity Income was the second highest selling-sector, followed by North America which had steady inflows throughout 2013. Property and Mixed Investment 0-35 per cent shares took the final two spots of the top five, respectively.

“While Mixed Investment 20-60 per cent Shares was undoubtedly the most favourable sector throughout 2013, it’s interesting to note in the third and fourth quarters property gained pace after being named the second highest selling sector in both quarters. Indeed, following this shift of money in the second half of 2013, we also saw UK Smaller Companies along with Japan become the two most successful performing sectors. In terms of outlook, the strong performance of the UK economy could see resurgence in flows into UK sectors overall," said head of commercial Graham Venn.

Cofunds, with £60 billion ($99.38 billion) of assets under administration, provides administration and management services for advisors and their clients, as well as dealing and custody services for financial institutions. It does not offer investment management or advice.