Private equity sector tops investment trust performance tables in 2023

Association of Investment Companies study

clock • 2 min read

Private Equity has been the the top-performing investment trust sector so far in 2023, according to data from the Association of Investment Companies (AIC).

The sector has returned 43% over the eleven months to the end of November, compared to the average investment company return of just 3%. Technology and Innovation produced the second highest return of 37%, while North America placed third with a 14% return. Europe was the fourth best-performing sector with a 12% return, and the fifth was India/Indian Subcontinent with 10% return. AIC sets out proposals to address investment trust cost disclosure concerns The best performing investment company during the period was 3i Group, with a 71% return so far in 2023. Manchester & Londo...

To continue reading this article...

Join Investment Week for free

  • 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

Join now

 

Already an Investment Week
member?

Login

More on Investment

Partner Insight: Three Minutes with Comgest's James Hanford

Partner Insight: Three Minutes with Comgest's James Hanford

James Hanford, Analyst and Portfolio Manager at COMGEST shares insights on how the team at COMGEST identify quality growth, how they approach and understand risk in quality businesses, why they are sector agnostic and why quality growth investing is in the firm's DNA.

Comgest
clock 26 February 2024 • 1 min read
Investment Company of the Year Awards Winners Interview - JPMorgan Global Growth & Income Investment Trust

Investment Company of the Year Awards Winners Interview - JPMorgan Global Growth & Income Investment Trust

clock 22 February 2024 • 3 min read
Investment Company of the Year Awards Winners Interview - JPMorgan European Growth & Income plc

Investment Company of the Year Awards Winners Interview - JPMorgan European Growth & Income plc

clock 22 February 2024 • 4 min read
Trustpilot