The total number of funds consistently delivering top quartile returns over three years has hit a record low for the third quarter in a row, the latest Columbia Threadneedle Investments Multi-Manager FundWatch survey has revealed.
In the midst of continued market volatility, rising interest rates and inflation, as well as geopolitical noise, only three (0.25%) out of the 1174 funds achieved top quartile returns over three years to the end of Q3 2022. This is the lowest proportion of funds recorded since the survey began in 2008 and follows the previous record lows set in Q1 2022 with five funds (0.45%) and four funds (0.35%) in Q2 2022, which consistently achieved top quartile returns. Three funds from various IA sectors, Waverton Global Strategic Bond (IA Mixed Bond), Wellington Climate Strategy (IA Global Equ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- 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
