Best-performing sectors 2019: Tech on top as US and UK funds flood the top 10

IA Technology and Telecommunications takes top spot

James Baxter-Derrington
clock
IA Technology and Telecommunications returned 31.19% over 2019
Image:

IA Technology and Telecommunications returned 31.19% over 2019

Technology and Telecommunications was the best-performing Investment Association (IA) sector across 2019, with US small cap taking second place and the UK filling four of the top ten spots.

A large correction in the stockmarket at the end of 2018, Federal Reserve interest rate policy and general positive sentiment are among the reasons given by Juliet Schooling Latter, research director at Chelsea Financial Services, for the strong performance of the US across 2019. The IA North American Smaller Companies sector finished the year second with a return of 25.9%, while IA North America was not far behind at 24.6%, just shy of the podium in fourth. The star-spangled challenge: Equity investors split on US as indices hit all-time high With US small caps just nudging out it...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Markets

David Kimberley is an investment trusts writer at Kepler & Partners

Opportunity amid madness: Valuations more attractive in wake of panic-driven price drops

Buy opportunities have arisen

David Kimberley
clock 21 June 2022 • 4 min read
The Big Question: Preparing for a bear market

The Big Question: Preparing for a bear market

What are the best strategies?

Investment Week
clock 17 June 2022 • 1 min read
Over half (54%) of respondents expect a European recession over the next year.

Investors brace for slower global growth as European recession expectations grow

Latest BofA fund manager survey

clock 14 June 2022 • 2 min read
Trustpilot