Debunking the theory UK funds flounder

managed funds investment funds managed investments

12 September 2016
| By Anonymous (not verified) |
image
image
expand image

A handful of European managed funds with UK exposure are producing better returns than 94 per cent of Australia's managed funds, over a five year period.

Almost three months on since the UK cast its vote to leave the European Union, we found that although all of the European (including UK) funds on the Money Management Investment Centre (MMIC)/Financial Express' (FE) produced negative returns over the last 12 months, four of the funds generated returns between 15 and 14 per cent per annum over the last five years.

European funds with UK exposure over five years

[[{"fid":"28785","view_mode":"default","fields":{"format":"default","field_file_image_alt_text[und][0][value]":"European UK funds over five years ","field_file_image_title_text[und][0][value]":"European UK funds over five years "},"type":"media","attributes":{"alt":"Top performing European (UK) managed funds over five years","title":"European UK funds over five years ","class":"media-element file-default"}}]]

Meanwhile, only 28 Australian managed funds on MMIC could beat BT's wholesale European share fund's performance over the same period (five years), with 94 per cent of Australia's managed funds producing a return under 15 per cent.

Over the medium term (three years), those four top performing European (UK) funds produced returns of between 7.5 and 9.5 per cent per annum, over the last three years.

Simultaneously those funds also outperformed 87 per cent of Australia's managed funds listed on the MMIC, with only 72 out of 589 (Australian funds) producing a return of 9.50 per cent or over, over the last three years.

European funds with UK exposure over three year

[[{"fid":"28786","view_mode":"default","fields":{"format":"default","field_file_image_alt_text[und][0][value]":"Top performing European (UK) managed funds over three years","field_file_image_title_text[und][0][value]":"Top performing European (UK) managed funds over three years"},"type":"media","attributes":{"alt":"Top performing European (UK) managed funds over three years","title":"Top performing European (UK) managed funds over three years","class":"media-element file-default"}}]]

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

3 days ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 week ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 5 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

3 weeks ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

6 days 4 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

5 days 7 hours ago