Passive funds from Vanguard have crept up the performance chart at the nine-month stage of Fundscape's year-long 'Great British Wealth Off' experiment, following a performance lag from active funds.
Vanguard's LifeStrategy 80% Equity portfolios overtook the Architas MA Active Progressive ones, with the directly-bought version of the fund seeing a similar 4% growth as at the six-month stage. The actively managed Hawksmoor Vanbrugh portfolios also did not perform as well in this set of results, which Fundscape suggested could be due to the higher fees creating a drag on performance. It added, however, this did not mean their situation would not change over the coming quarters, as the Hawksmoor funds were the best performers in the first quarter. Royal London's actively managed S...
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