However, performance is widely divergent with special situations and recovery outperforming but passive funds falling
As the UK stock market heads toward a second consecutive year of negative returns, special situations funds have broadly outperformed in the UK All Companies classification. The largest Autif classification of funds is characterised by widely divergent fund performance. The top performer over the three years to the end of August is the high risk, high return Solus Special Situations Fund, up 192.69% over the three years. This constitutes outperformance of 239.55% over the high risk, low return City Financial UK Performance Fund, the worst performing portfolio in the sector, down 46.86% ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes