Funds with a broad range of strategies have gained the highest rating in the latest rebalance of FE fundinfo’s Crown Ratings due to recent market rotations, while among the fund groups, Baillie Gifford dropped out of the top ten after its funds suffered “a period of underperformance”.
Overall, 127 funds gained the 5-Crown rating in the updated ratings, bringing the total number to 406. FE fundinfo said seven funds achieved the highest 5-Crown rating "at the first time of asking", including EFG Asset Management's New Capital Global Balanced fund, Legal & General's L&G Future World Sustainable Opportunities, the Ninety One UK Sustainable Equity fund, Octopus Investments' FP Octopus UK Multi Cap Income fund and Omnis Investments' Asia Pacific ex-Japan Equity fund. PGIM Funds' European Corporate ESG Bond fund and the S&W Samphire fund, managed by Authorised Corporate D...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
