Legg Mason Japan Equity remains most popular fund, says Barclays Stockbrokers

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Hideo Shiozumi’s Legg Mason Japan Equity fund was the most popular among Barclays Stockbrokers clients during May, the latest figures show.

According to Barclays Stockbrokers, the £202.4m fund remained the bestselling product for the second month running as investors’ eyes were caught by the record highs being seen in the country’s stockmarkets over the first three weeks of the month.

Linden Thomson’s £175.3m Axa Framlington Biotech was the second most popular in May, followed by Jason Pidcock’s £4bn Newton Asian Income, Jonathan Asante’s £5.1bn First State Global Emerging Markets Leaders and Neil Woodford’s £14bn Invesco Perpetual High Income fund.

Barclays Stockbrokers head of investor product Alastair Thaw adds: “Clients continued to seek exposure to the UK – despite ongoing volatility in UK markets – as well as to take advantage of funds with a specialised investment focus.”

Paul Marriage’s £502.9m Cazenove UK Smaller Companies, Anthony Cross and Julian Fosh’s £931m Liontrust Special Situations, Julie Dean’s £1.8bn Cazenove UK Opportunities, John McClure’s £178.2m Unicorn UK Income and Ed Legget’s £590.8m Standard Life UK Equity Unconstrained funds are other UK funds appearing in the top 20 bestselling.

Barclays Stockbrokers’ top 20 funds May 2013

Rank Fund Sector

1

Legg Mason Japan Equity A Acc

Japan

2

AXA Framlington Biotech Acc

Specialist

3

Newton Asian Income Inc

Asia Pacific ex Japan

4

First State Global Emerging Markets Leaders A Acc

Global Emerging Markets

5

Invesco Perpetual High Income Acc

UK Equity Income

6

Cazenove UK Smaller Companies B Acc

UK Smaller Companies

7

Newton Global Higher Income Inc

Global Equity Income

8

GAM North American Growth Acc

North America

9

BlackRock European Dynamic A Acc

Europe ex UK

10

Liontrust Special Situations R Inc

UK All Companies

11

Cazenove UK Opportunities B Acc

UK All Companies

12

FundSmith Equity T Acc

Global

13

Cazenove UK Smaller Companies A Acc

UK Smaller Companies

14

Aberdeen Asia Pacific & Japan A Acc

Asia Pacific incl Japan

15

Unicorn UK Income A Inc

UK Equity Income

16

First State Asia Pacific Leaders A Acc

Asia Pacific ex Japan

17

Baillie Gifford Japanese Smaller Companies A Acc

Japanese Smaller Cos

18

Standard Life UK Equity Unconstrained Ret Acc

UK All Companies

19

BlackRock Gold & General A Acc

Specialist

20

First State Global Emerging Markets Leaders B GBP

Global Emerging Markets

Source: Barclays Stockbrokers