Alex Farlow: A detailed look at the IA Global sector

As at the end of July 2019 the sector consists of 330 funds, of which only 18 are passive. The sector is the second largest, behind the UK All Companies sector, in terms of assets under management, controlling a total of £128.7bn. To qualify for admission into this sector, a fund must hold no more than a 20% allocation to UK equities.  Equity-focused funds with greater than a 20% UK exposure would generally fall into the IA Flexible Investment sector. The majority of the funds within the Global sector use the MSCI World as their benchmark, which only includes developed market equities - ...