Resources and Latin America dominate Specialist sector

Robin Geffen's Neptune Russia fund is top overall three-year performer, driven by expanding spending power of the region's middle class

The top eight UK-domiciled funds for three-year performance reside in the IMA Specialist sector. These are predominantly resources and Latin America funds. Strong seller BlackRock Gold & General and JPMorgan's New Europe, targeting central and Eastern Europe, are also present. The best performer is Robin Geffen's £255m Neptune Russia & Greater Russia, with a 266.26% three-year return to 26 May according to Morningstar. He said the consumer staples, telecoms and financials sectors, giving exposure to the rising spending power of the expanding Russian middle class, have all added valu...