Positive change in a negative year: What were the best-performing funds of 2020?
Sustainability and global equity vehicles dominate
Baillie Gifford American - run by Tom Slater, Gary Robinson, Kirsty Gibson and Dave Bujnowski - was the best performing fund of 2020
US and global equity funds, as well as vehicles with a focus on sustainability, fared best throughout the course of 2020 according to data from FE fundinfo, with Baillie Gifford portfolios taking five of the top ten spots for best performers last year.
This comes despite the fact that, on a sector basis, IA North America came in seventh place out of 42 for its average total return of 16.2% over the course of 2020 - a modest outperformance of the S&P...
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