Funds from 24 asset managers have made it onto S&P Capital IQ's list of the best funds with a decade-long track record.
The new list showcases the funds which have performed to a high level consistently over ten years. Qualifying funds must have remained within S&P’s Platinum, Gold or Silver gradings (formerly AAA, AA and A fund ratings) over the period.
Seven BlackRock funds made the list, including Evy Hambro’s £2.7bn BlackRock Gold & General. BNY Mellon’s Global Equity fund featured; along with Fidelity Moneybuilder Income; Findlay Park American; and the First State China Growth and Asia Pacific funds.
Henderson Horizon – Global Technology; and Ignis Pacific Growth were included, while Invesco Perpetual saw ten of its funds make the list, including Neil Woodford’s £9bn Income and £11.6bn High Income funds.
Tony Nutt’s Jupiter’s £1.9bn Income trust and £490m High Income fund featured, as well as Jim Leaviss’ M&G Gilt & Fixed Interest fund.
Harry Nimmo’s Standard Life Investments’ UK Smaller Companies fund made the winners’ list, as did the £600m SLI Corporate Bond fund, run by Andrew Sutherland.
Other groups that saw the long-term performance of their offerings recognised included MFS Investment Management, Neuberger Berman, and Orbis Investment Management.
S&P Capital IQ said the funds that qualify have consistently outperformed their peers, even through 10 years of rapidly changing market environments. “In terms of common denominators, these funds all have teams that are stable but not static.
They can adapt to changing market conditions to maintain consistent performance, even in tough markets,” said Kate Hollis, global head of fixed income, fund research (pictured).
For the list in full, click here.
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