- Many UK value funds have raced ahead of the pack in recent times
- What are the big differences between the leaders?
It feels as though things might finally be looking up for the beleaguered UK equity investor. Rate cuts may be on the way, the economy has exited recession and the likes of commodities and financial shares have enjoyed strong starts to the year. That may explain why the FTSE 100 has hit a series of record highs in recent weeks, bringing some attention back to an unloved market.
Portfolios have had their own successes in turn, with the average fund in the Investment Association's UK All Companies sector now up 10.6 per cent over a 12-month period. But it's notable that, continuing a trend we observed at the start of the year, funds with a value tilt have been generating especially strong returns.