Five years since the lows: Which funds have returned the most?

Anna Fedorova

With this week marking the five-year anniversary of both record low base rates and the FTSE 100 bottoming, Investment Week looks at the funds that have taken advantage of the subsequent recovery.

On 3 March 2009 the FTSE 100 index hit 3512,09, its lowest point during the financial crisis, while the US market also hit rock bottom three days later, the S&P dropping as low as 666 in intraday trading. Two days later, however, co-ordinated central bank action saw the Bank of England cut rates to 0.5% and begin the first phase of its £375bn quantitative easing programme. Five years on, the FTSE is trading at 6,799 and the S&P 500 is at 1,873 following one of the most prolonged rallies in modern memory. Below, Investment Week lists the ten open-ended funds to have made the most mo...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Economics

'While job growth is falling compared to last year, it is holding up remarkably well in the face of a tough economic picture and slowing growth globally.'

US economy beats expectations with 199,000 jobs added in November

Unemployment falls to 3.7%

Cristian Angeloni
clock 08 December 2023 • 2 min read
The Bank of England said private credit and leveraged lending markets have roughly doubled in size in the last decade.

Bank of England warns of private credit vulnerability in higher rates environment

Concerns over hedge fund Treasury bets

Valeria Martinez
clock 06 December 2023 • 2 min read
The sectors with the biggest falls in vacancies in October were healthcare and social assistance (236,000); finance and insurance (168,000) and real estate and rental leasing (49,000).

US job vacancies drop to two-year low in October

Down to 8.7 million

Cristian Angeloni
clock 06 December 2023 • 1 min read