Investment trust managers bullish on information technology as top performing sector in 2024

UK tipped as best performing region

Valeria Martinez
clock • 3 min read

Investment trust fund managers believe Information Technology is set to be 2024’s top performing sector, according to a survey by the Association of Investment Companies.

Over a quarter (26%) of respondents picked the sector, followed by Industrials with 19% and Healthcare and Energy both at 15%. Over a five-year horizon, 44% of fund managers said Information Technology would be the top performing sector over the next five years, followed by Energy and Healthcare at 19% and 15%, respectively. In the coming year, the UK is anticipated to outperform other regions, as indicated by almost half of the respondents (44%), with the US (15%) following in second place and Japan (11%) in third.  Income fund favourites jostle with more adventurous rivals in ii'...

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