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Home / News / IA Europe ex-UK beats out North America for highest number of top quartile performers over three years
IA Europe ex-UK beats out North America for highest number of top quartile performers over three years
Global Mixed Bond, Japan, UK Smaller Companies and UK Equity Income did not have a single fund consistently achieve top quartile returns
More Europe ex-UK funds achieved consistently top quartile returns than any other Investment Association sector in the three years to Q2 2021, according to analysis by BMO Gam, stealing the spotlight from IA North America which struggled amid the reflation trade.
BMO Gam’s Fund Watch survey found that 1.9% or 20 of the 1,046 funds analysed from the 12 main Investment Association sectors consistently achieved top quartile returns over three years to the end of Q2 2021.
The remaining half of the new sectors include USD Mixed Bond, EUR Mixed Bond, Global Mixed Bond, USD High Yield Bond, EUR High Yield Bond, Global High Yield Bond and a Specialist Bond sector, which is any bond fund that invests at least 80% in bond securities, but does not qualify for any of the other 13 sectors. The new sectors more concisely and accurately separate funds according to their investment strategies. From a fund selectors point of view, this is a positive step forward. The new sectors provide a more useful starting point for uncovering the best funds available in specific areas of fixed income markets, John McTaggart, fund analyst at FE Investments told
Miranda Seath: The inclusion of ETFs and new IA sectors
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52 IA sectors
The inclusion of exchange-traded funds (ETFs) in Investment Association sectors is an evolution in the UK investment sphere. Miranda Seath talks about the move and how it s had some knock-on effects
Investment Week is hosting its Global Emerging Markets Briefing at a pivotal time for investors as they start to position for the recovery from the Covid-19 pandemic, although risks remain.
During this interactive briefing, we will hear from a number of global emerging market managers about their response to the extraordinary events of the past year and their outlook for the rest of the year and beyond.
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