Performance results from Q1 2023 were a generally a mixed bag among open- and closed-ended portfolios, reflecting a volatile start to the year.
The only clear theme emerged in the open-ended side, where most the best performing funds came from the IA Technology & Technology Innovation sector, according to data from FE fundinfo. Out of the top ten funds, seven resided in this sector, a contrast to the same period in 2022, when growth-orientated sectors lagged other areas. Ten best performing funds in Q1 2023 The opening months to this year were very different to the same period in 2022, which was characterised by an oil and energy boom as Russia invaded Ukraine, pushing down the prospects of growth stocks, which had alrea...
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