The report is divided into the following sections
Asummary of Fund performance
The table below shows the average Q3 2019, YTD 2019, 3 and
2. Focus : Q3 Performance Review (p3)
In this edition we look at the Q3 2019 performance of our different fund mandates and establish that:
In this period there was a broadly consistent pattern, as large funds outperformed small funds in all mandates apart from Europe and Regional Infra Funds (where we do not have large categories, only medium).
Over the period it was the medium sized regional infrastructure funds which showed the highest volatility and the large Income funds which showed the lowest volatility.
The most significant outperformance of active vs passive funds came from Asia and Income Funds, although it is worth mentioning that larger active global real estate funds outperformed passive funds. US and Global Infrastructure underperformed marginally, but the most significant underperformer was Regional Infrastructure Funds.