Source: FE Fundinfo
Despite the demotions, Liontrust still had the second highest number of top ranking funds at 13, representing nearly a quarter of its 58-strong fund range. It was tied with Blackrock and ahead of Fidelity’s 12 five-crown funds.
Meanwhile Baillie Gifford fell all the way from second to seventh place in the latest rebalance, with nine funds achieving the five-crown rating, putting it behind Jupiter with 10 funds.
Abrdn, which finished third in the January report, was up at the top of the table this time around with 16 five-crown funds in total.
Sustainable funds lead the charge
Once again sustainable funds continued to dominate the top performers in the latest review. Many of the new entrants to the five-crown club had a sustainable bent, including the BNY Mellon Sustainable Global Equity fund and Jupiter Global Sustainable Equities fund.
Sustainable funds among best performers in Crowns Ratings moneymarketing.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneymarketing.co.uk Daily Mail and Mail on Sunday newspapers.
Is the UK really emerging from the investment wilderness?
Investors herald new era but distinguishing between true value opportunities and value traps remains crucial
After a long-time in the investment wilderness, the UK appears to be back in favour. UK equities have raced ahead of their peers over the past six months. What has turned the tide for the UK? And can it last once the relief over a Brexit deal and economic recovery has subsided?
The biggest factor in the UK’s turnaround has been sentiment. In theory, with only around a quarter of its revenues coming from the domestic economy, the UK market should have been only lightly affected by the uncertainty on Brexit and the poor pandemic response. Instead, the UK has been sent to investment purgatory by investors for the past four years.
Coronavirus one year on: UK investment trusts and funds deliver highest returns proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.