With investors still trying to heal from the economic crisis that tore through the global economy, many are pouring their dollars into bond funds. But there are still challenges going forward and many need help navigating their options, said investment experts and fund managers from The Hartford at a luncheon in New York City on Tuesday.

The industry saw record inflows into bond funds in 2009, said Jim Davey, president of The Hartford Mutual Funds, with net inflows of almost $373 billion dollars into bond funds, according to the Investment Company Institute. In fact, a survey conducted by The Hartford in 2009 found 72% of investors said diversifying their bond portfolios was important. Yet over half didn’t know how to do it. “Education is key for investors who don’t know which asset classes make sense in today’s environment,” said Davey. “The need for advice on this is still tremendous.”

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