Interactive Investor has noted that according to data from FE Analytics, the Asia Pacific excluding Japan and global emerging markets sectors were top performers in both the open and closed-ended space in July, notching up an average return of over 4% with specialist China funds performing particularly well. This compares to an average loss of around 1% in most mainstream developed market sectors – including the Investment Management Association’s (IMA’s) UK all companies sector which lost 0.83% in July and the Association of Investment Companies (AIC‘s) global sector, which lost 0.47% during the same period.
Rank | Sector | Performance 1 to 31 July |
1 | IMA China/Greater China | 6.5% |
2 | IMA Asia Pacific Excluding Japan | 4.18% |
3 | IMA Asia Pacific Including Japan | 3.3% |
4 | IMA Global Emerging Markets | 2.87% |
5 | IMA UK Gilts | 1.3% |
6 | IMA Japan | 1.14% |
7 | IMA Property | 1.13% |
8 | IMA North America | 1.12% |
9 | IMA Japanese Smaller Companies | 1.06% |
10 | IMA Global Emerging Market Bond | 1.04% |
Rank | Sector | Performance 1 to 31 July |
1 | IT Country Specialists Asia Pacific | 5.43% |
2 | IT Asia Pacific Including Japan Equities | 4.82% |
3 | IT Global Smaller Companies | 4.63% |
4 | IT Asia Pacific Excluding Japan Equities | 4.05% |
5 | IT Country Specialists Latin America | 3.23% |
6 | IT Country Specialists Other | 2.98% |
7 | IT Global Emerging Market Equities | 2.4% |
8 | IT VCT Specialist Healthcare & Biotechnology | 1.59% |
9 | IT Latin America | 1.13% |
10 | IT Property Direct Asia Pacific | 1.1% |
To read the whole article, Emerging markets hammer developed markets in July, go to the website of Interactive Investor.
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