IMA Global Growth sector outperformed over last year despite economic data pointing to slowdown in growth impetus
Recent economic data points to a slowdown in growth momentum globally, which has created significant volatility in global stock markets. In spite of this, global growth funds have outperformed over the last year, with the diverse IMA Global Growth sector up 11.5% over 12 months to 23 August. Surprisingly, small-cap global funds have proved the most effective shelter from market movements, with McInroy & Wood Smaller Companies the top one-year performer, up 28.8%. The worst performer over one year is Allianz RCM Global EcoTrends, down 8.8%. Funds within the sector must invest at lea...
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