Phillips & Drew tops HSBC pooled survey

Phillips & Drew has gone from the bottom to the top of the pooled pension charts during March, according to a survey from HSBC Actuaries & Consultants. The IMAGE survey, covering 40 discretionary balanced pooled pension funds, showed that for the one month period to the end of March, Phillips & Drew was in first place with a return of 5.6%. However, the group is bottom over one year to the end of February on a return of 1.2%. The group has seen its ranking improve in the wake of the recent sell off of technology, media and telecoms stocks, many of which Phillips & Drew continues to belie...