Four sector specific funds have taken the top performing slots in the newly-named IMA Global sector after moving across from the Specialist peer group.
Last October the IMA announced it was consulting members on allowing more sector-focused or thematic funds into the Global Growth sector, as long as they had 80% invested in global equities. This was given the go-ahead in November and 15 funds moved into the sector, which dropped the ‘growth' tag, on 1 January, 2011. First State Global Resources, Martin Currie Global Resources, Fidelity Funds Global Industrials and Martin Currie Global Energy moved straight to the top of the performance tables over one year, knocking the previous best performer, JO Hambro Capital Management Global Sel...
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