North American equity funds have topped FE fundinfo’s list of passive strategies receiving a '5-Crown' rating.
According to FE fundinfo, 29 out of 53 passive funds within the North American Equities sector, or 54.7%, received a 5-Crown rating in its Passive Fund Ratings, the highest accolade awarded by the firm. This was followed by the UK Gilts sector, with 53.3%, or eight out of 15 passive strategies given a top rating, while Global Equities came in third, with 49.1% of strategies receiving FE fundinfo's highest mark. Value fund houses rake in 5-star Crown ratings in FE fundinfo rebalancing Ranking at the bottom of the list were passive funds from the UK Equities and Emerging Market Equit...
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