Funds in the IA Sterling Corporate Bond sector have delivered the most consistent top-quartile performance over the past six months, according to BMO Global Asset Management.
Some 9.9% of funds in the sector achieved top-quartile returns in Q2, and 12.5% of funds managed to achieve this in Q3, according to the latest Fund Watch survey from BMO Global Asset Management's multi manager team. Funds in the sector also benefitted from monetary policy changes by the Bank of England during the third quarter, delivering an average return of 6%. IA's Emerging Markets and Global Bond sectors were the next most consistent, with 5.2% and 4.9% of funds respectively achieving top-quartile returns in the third quarter. At the other end of the scale, Asia Pacific ex Jap...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes