The Baillie Gifford American, European and British Smaller Companies funds all found themselves in the list of the ten worst-performing open-ended vehicles during Q1 2022, according to data from Morningstar obtained by AJ Bell.
Liontrust Russia was unsurprisingly the worst-performing fund overall, having lost 63.9%, while Morgan Stanley Global Insight was second from the bottom with a loss of 25.3%. Baillie Gifford American and European lost a respective 22.9% and 23.2%, while Morgan Stanley US Advantage found itself fifth on the list having fallen by 22.3%. All other funds on the list - S&W Aubrey Global Conviction, Jupiter UK Mid Cap, Baillie Gifford British Smaller Companies, SVM UK Growth and T. Rowe Price Global Tech Equity - lost between 20% and 22% over the three months. Conversely, Latin American equ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
