Global Growth funds fall short of Cautious Managed outperformance

Cautious Managed funds have outperformed Global Growth on average over the past decade, despite the ...

Cautious Managed funds have outperformed Global Growth on average over the past decade, despite the former holding at least 30% in fixed interest. Thames River multi-manager Gary Potter has found that over 10 years to the end of April 2008, the average Cautious Managed fund returned 44.6% while the Global Growth peer group gained 40.9%. The FTSE All-Share outperformed both with a return of 49.5%. Potter said: "This tells me a lot about Cautious Managed funds and although the figures would be very different over a five-year view, if you think times are going to be tough like we do, it ...