The FSA Spy market buzz – 26 July 2024
BlackRock loves manufacturing, Small cap renaissance, Entropy in markets, Silver bugs and their fanaticism, China’s windy electricity, Life in cartoon, Ancient wisdom, Advertising and much more.
FE Analytics has awarded the Blackrock fund two crowns and just one crown to the Threadneedle fund. The crown-rating methodology assesses the fund’s alpha, volatility and consistency of performance.
Ng agrees with his firm’s preference, and adds that FE considers that the Blackrock fund is one of the best in the UK equity fund universe.
“It has a strong, well-resourced team, its stock selection process works and its strategy has been highly effective, as reflected in the fund’s historical performance,” said Ng.
Investors in the Threadneedle fund might have to take a long-term view and be patient in order to enjoy better returns.
BlackRock loves manufacturing, Small cap renaissance, Entropy in markets, Silver bugs and their fanaticism, China’s windy electricity, Life in cartoon, Ancient wisdom, Advertising and much more.
Part of the Mark Allen Group.