China, Asia generally, and Global Emerging Market funds are the standout performers this month. Europe however, not so great, and US gains in October were wiped out over the last week.
What’s Hot
- A strong and persistent economic recovery allows China to take 50% of the Top 10 spots.
- Following closely behind are 3 Global Emerging Market funds.
- Asia Pacific ex-Japan and a rather random Targeted Absolute Return funds make up the rest of the Top 10.
What’s Not
- 90% of the funds here have a European focus.
- This is largely due to a second coronavirus wave that is gathering pace across Europe.
- The only non-European fund, Brown Advisory Latin American, is in the Bottom 10 this month and since the start of the year – for more on the latter, see Scary Funds.
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What's Hot
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Name
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Sector
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Last Month Perf.
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GAM Multistock China Evolution Equity
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IA China/Greater China
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8.28
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HSBC GIF Chinese Equity
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IA China/Greater China
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6.5
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Quilter Investors Emerging Markets Equity
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IA Global Emerging Markets
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6.48
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JPM Greater China
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IA China/Greater China
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6.42
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LF Odey Absolute Return
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IA Targeted Absolute Return
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6.27
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New Capital Asia Future Leaders
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IA Asia Pacific Excluding Japan
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6.24
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Merian China Equity
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IA China/Greater China
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6.19
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Matthews China
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IA China/Greater China
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6.07
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Merian Global Emerging Markets
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IA Global Emerging Markets
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6.02
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ASI Emerging Markets Equity
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IA Global Emerging Markets
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5.98
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What's Not
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Name
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Sector
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Last Month Perf.
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JPM Europe Smaller Companies
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IA European Smaller Companies
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-9.33
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Barings German Growth Trust
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IA Specialist
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-9.13
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Fidelity European Dynamic Growth
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IA Europe Including UK
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-8.59
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Allianz German Equity
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IA Specialist
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-8.05
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Liontrust European Opportunities
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IA Europe Excluding UK
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-7.93
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Brown Advisory Latin American
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IA Specialist
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-7.92
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Pictet Emerging Europe
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IA Specialist
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-7.75
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Montanaro European Income
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IA Europe Excluding UK
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-7.62
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Schroder European
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IA Europe Excluding UK
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-7.62
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JPM Europe Dynamic Small Cap
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IA European Smaller Companies
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-7.61
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