Sustainability, Asia and UK equities: the winners and losers of Q3

A review of IA fund performance during the quarter

The three months to the end of September saw particularly strong performance from emerging markets and Asia-focused funds, sustainable investments and gold, while UK and oil & gas funds suffered.

The period has seen the strongest performance from emerging markets and Asia, with the MSCI Emerging Markets index returning 4.71% over the period in sterling terms, while the SMCI Asia index was up 4.37%. It is no surprise, therefore, that many of the best performers during the quarter were emerging market and Asian equity funds, including two BNY Mellon funds - Oriental and Global Emerging Markets - which returned 17.3% an 15.85%. US equities also did well during the period, with the S&P 500 rising 3.67%, and global equities as a whole positive too, delivering 3.35% in the three mon...