Advisers continue to seek returns from around the world, with figures from FundsNetwork revealing the global sector remained the most popular during July.

Terry Smith’s popular Fundsmith Equity fund was the most recommended investment by financial advisers in January and February, according to figures from AJ Bell’s platform.

The FCA has today issued a warning about a clone of Vanguard Investments set up by scammers in an attempt to con UK investors.

Tributes have been paid after the investment legend John C. Bogle, founder of Vanguard, died yesterday.