The best of British: This year's fund winners so far

Investors in UK equities in 2011 have so far suffered from a year of significant drawdown, with the IMA UK All Companies sector average showing a loss of 12.3% to the end of September, underperforming the FTSE All-Share index which has fallen by 10.9%. Given the major macroeconomic factors that have dominated newsflow during the year it is perhaps surprising to look back and remember that the FTSE All-Share index was 3% ahead over the first six months of the year. As we now know sovereign debt concerns in the eurozone periphery spread to Italy and Spain significantly raising fears as ...