Best performing fund of the decade reveals stock picks

The manager of the best performing fund over the last decade has revealed some of the stock picks which fuelled the 868% return it produced over that timeframe.

The £485m Invesco Perpetual Latin American fund has beaten 1,126 peers in the IMA universe that have 10-year track record to the top spot, returning 868%, according to Morningstar. There are a number of other Latin American funds in the top slots, including funds from Henderson, JPM and Threadneedle, but the closest fund, Fidelity Latin American, still lagged behind the IP vehicle. Head of emerging markets and manager of the IP Latin American fund, Dean Newman (pictured), said there have been a number of significant changes in the region which has supported the impressive return. "...