Revealed: The ten best funds of 2012

2012 was a mixed year for markets, with developed market equities recovering from a summer sell-off to make marginal gains, while some segments of the property and bond markets outperformed.

Investors fared best if they opted for higher risk investments, with high yield bonds outperforming gilts - which returned very little to investors in 2012 - and smaller companies across the UK and Europe also leaving large-cap peers behind. Taking the UK equity markets as a guide, the FTSE 100 only achieved gains of about 7% in total for 2012. In comparison, the FTSE 250 gained 22% in 2012, climbing from 10,102 points to 12,359, and the FTSE All Share gained nearly 8.6%. But which funds were able to exploit these moves successfully? Below are the ten best performing funds from ...