Boost to UK index trackers

Most UK index-tracking funds outperformed their benchmark index after charges over the final three months of last year, according to figures from Standard & Poor's. The ratings agency found that all of the seven FTSE 100 index trackers covered in its research outperformed the index in the three months to 31 December 2001. These include Scottish Widows UK Index Trust which outperformed the FTSE 100 by 0.9% over this time period, and Liontrust Top 100 fund which outperformed the index by 0.2%. Also included in the survey were the Barclays FTSE 100 and HSBC Index Tracker Investment Funds,...