North American funds most consistent as Baillie Gifford crowned best performer
Global EMD local currency worst performing sector
The IA North American sector has provided the most consistent three-year returns
The IA North American sector is once again the most consistent sector in the Investment Association over three years, retaining the title for the third quarter in a row, according to the latest quarterly BMO Global Asset Management Multi-Manager Fund Watch survey.
Within the sector, 7% of funds consistently achieved top quartile performance over a three-year period, while 26.7% of funds in the sector achieved median returns over the same time span. Active funds...
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