A global fund is often recommended as the cornerstone of an investment portfolio, but what do they do and how do they differ? We ask manager Jake Robbins to explain.
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.
Baillie Gifford American s Bujnowski to become partner as Plowden retires
Three new partners take total up to 47
Dave Bujnowski joined Baillie Gifford in 2018
Dave Bujnowski, co-manager of 2020 s best-performing fund Baillie Gifford American, is one of three new partners appointed by the firm as two partners are set to retire.
Bujnowski joined the firm in 2018 as an analyst in the North American equities team and currently serves as portfolio manager across both Baillie Gifford US Equity Growth and Baillie Gifford American..
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