Around a third of UK gilt and property funds received five FE Passive Crowns - the highest accolade - in the data provider's latest rebalance for the sector.
Out of the 286 passive funds analysed in the bi-annual rebalance, five of 13 UK gilt funds and three of ten property funds received the top rating, taking the position as leading sectors with the highest number of five-Crown funds. This was followed by emerging market equities and North American equities, with a respective 26% and 24% of each sector's members gaining the top accolade. Of the four index-linked gilt funds and eight sterling corporate bond funds, none won a five-Crown rating in this reshuffle. Revealed: Odey and Schroders' income duo lose FE Alpha Manager status in la...
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