Growth funds bounce back
Growth funds have reversed the trend of the past year and outperformed value stocks by 2.1 per cent in January, according to statistics compiled by Intech.
However, taken on the last 12 months, the statistics reveal that growth stocks around the world have fallen behind value stocks by a mammoth 26 per cent.
Balanced funds themselves returned 2.3 per cent in January, which takes the yearly figure to 10.8 per cent to 31 January. Only one of the 37 funds in the Intech survey did not produce a positive result for the month.
Taken fund by fund, the best performing fund for January was County with 3.3 per cent, followed by Portfolio Partners with 3.2 per cent, while IOOF/Perennial took third place with a return of 3.1 per cent.
However, none of the top three performers in January were among the top three performers for 12 months, although they did place in the top 20. The best performers for 12 months are Maple-Brown Abbott (14.3 per cent), Schroders (13.7 per cent) and Westpac (13.3 per cent).
The worst three performing growth funds in January were Hopkins Partners (-0.1 per cent), Zurich (1.2 per cent) and Rothschild (1.3 per cent).
Recommended for you
Compared to four years ago when the divide between boutique and large licensees were largely equal, adviser movements have seen this trend shift in light of new licensees commencing.
As ongoing market uncertainty sees advisers look beyond traditional equity exposure, Fidante has found adviser interest in small caps and emerging markets for portfolio returns has almost doubled since April.
CoreData has shared the top areas of demand for cryptocurrency advice but finds investors are seeking advisers who actively invest in the asset themselves.
With regulators ‘raising the bar’ on retirement planning, Lonsec Research and Ratings has urged advisers to place greater focus on sequencing and longevity risk as they navigate clients through the shifting landscape.
