Six years on: Which European funds have performed best since Draghi's 'whatever it takes' promise?

Top ten funds

Tom Eckett
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ECB president Mario Draghi. Photo: World Economic Forum/Flickr/Creative Commons CC BY-NC-SA 2.0
Image:

ECB president Mario Draghi. Photo: World Economic Forum/Flickr/Creative Commons CC BY-NC-SA 2.0

This Thursday will mark six years since European Central Bank president Mario Draghi made a promise to do "whatever it takes" during the sovereign debt crisis to ensure the preservation of the euro and the stabilisation of the eurozone.

Investors who backed Draghi (pictured) have been rewarded, according to data from FE, with the MSCI Europe ex-UK returning 111% versus 79.6% for the FTSE All Share. The average European equity fund has returned 121% with Rory Powe's £1.6bn Man GLG Continental European Growth fund posting the strongest performance, returning 238% over the period. David Walton's £444m Marlborough European Multi-Cap fund saw the second best performance, increasing 186%, while Alexander Darwall's £5.6bn Jupiter European fund came third, jumping 183%. Darius McDermott, managing director at Chelsea Finan...

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