Strong liquidity supports global funds over 2006

Gartmore and invesco perpetual see strong global performance in fourth quarter

Investors in global equity funds fared well during 2006 with the median mainstream vehicle returning 9.3% in the fourth quarter while its smaller-companies counterpart grew by 11.7%, according to Standard & Poor's. In the latest review of the Global Equities sector, S&P's head of fund research James Tew said over the year as a whole, mainstream funds slightly outperformed, recording a median return of 20.6% against 19.9% from smaller companies vehicles. "Global equities made further progress in the fourth quarter bringing to an end a year in which all developed markets except Japan posted...