Volatility hits Global Growth returns

Diverse sector at the forefront of downturn over past year, with just eight funds producing positive returns to investors

The diverse Global Growth sector has been at the forefront of worldwide market volatility over the past year, with just eight funds delivering a return to investors in this time. Over one year to 17 August, the IMA Global Growth sector declined 8.66%, with the difference between the best and worst performing funds at over 43%, according to Morningstar. The IMA Growth Global sector currently consists of 189 funds, with a remit to invest at least 80% in equities, with no more than 80% in UK assets. Andrew Williamson-Jones’ £92.1m BlackRock Global Equity fund is ranked eight out of 15...