Skandia Investment Solutions platform saw a recovery in net sales into UK fixed interest funds in April, after net flows to the asset class looked to be declining earlier this year, Skandia said.

This pick-up accounted for 21 per cent of sales, and was primarily driven by a significant increase in flows into the Old Mutual Corporate Bond which topped the chart, the firm said.

Sales in April were equally proportioned between the multi-asset, UK fixed interest, global specialist and UK equity sectors, although multi-asset remained the leading sector by net sales, Skandia said.

Meanwhile, financial services platform Cofunds, said the mixed investment 20 to 60 per cent shares sector remained the most favourable for April, after enjoying a four month consecutive reign and accounting for over 52 per cent of its net sales.

However, Michelle Woodburn, head of fund group relations at Cofunds, stressed the change in position of UK equities.

“It’s interesting to note that UK equities are coming back into favour following outflows in 2012, with Liontrust Special Situations taking the top spot in April and Cazenove UK Opportunities and AXA Framlington UK Select Opportunities securing places within the top 20 selling funds,” she said.