Quilter Cheviot research: 6% of UK active funds outperformed in each of last five years

Investors urged to stay calm through weaker periods

Just 12 out of 212 UK active funds outperformed in each of the last five years, as investors "paying close attention” to short-term performance are urged to focus on the long term, a report by Quilter Cheviot has stated.

Meanwhile, some 46 UK funds outperformed in four out of the five years through to the end of October. Quilter highlighted that as investment styles across UK funds have rotated over the last 12 months, some of the best performing funds "have suffered from weaker periods" of performance. The research found a similar state of affairs across the pond, where only three North American funds outperformed over the last five years, increasing to 19 for four out of the five years through to 31 October. Passive trumps active in latest Morningstar Barometer Nick Wood, head of fund research...