More than 9 in 10 (92%) of financial advice clients with over £200,000 in investible assets have an allocation to infrastructure investments, according to new research.

India was the best performing investment fund sector over the summer with the infrastructure sector faring the worst, according to new analysis.

The Investment Association, the fund manager trade body, is to create eight new sectors from the Global and Specialist sectors from 13 September.

The most significant asset allocation change to client portfolios over the last 12 months has been rising exposure to infrastructure and alternatives, according to a study conducted among 200 intermediaries.