Paul Marriage’s UK smaller companies fund scoops Fundcalibre Elite rating
With two Cohen & Steers funds and a pair of T Rowe Price strategies also getting a nod
With two Cohen & Steers funds and a pair of T Rowe Price strategies also getting a nod
£580m fund was also recently named and shamed in Bestinvest’s Spot the Dog report
But UK gilts have sold off sharply in recent weeks over fears energy crisis will drive inflation higher
Jitters around cost-of-living crisis and global instability have seen investors pull £4.6bn from UK funds in June and July
Ruffer Diversified Return has attracted £1.3bn in assets since launching last September
Clear preference for trackers in Global, UK All Companies and Sterling Corporate Bond sectors
Emerging market funds, particularly Latam, dominate last month’s winners
Top performers and compelling newcomers in the spotlight
Majority of top performers fall into Morningstar’s clean energy category
There may be buyers lined up for the ‘remaining rump of firms’, but at what price compared to the valuations when the funds were suspended?
Follows similar moves by Jupiter and Invesco as Russian markets remain largely suspended
British Smaller Companies lost investors 18.5% in the year to 31 March 2022, while its benchmark fell 1.1%