Post-financial crisis: Where did your money work the hardest?
8 Aug 17
This Wednesday (9 August) marks 10 years since the global financial crisis began, the morning BNP Paribas finally halted redemptions from funds containing now-infamous CDO instruments. We take a look at six sectors to see where you would have been best placed to invest in the decade that followed.
The UK had its fair share of tough times during the financial crisis, with Northern Rock suffering the first run on a British bank for more than 100 years in September 2007.
It has been far from plain sailing ever since, with a recession, a new Conservative government, austerity and now Brexit all thrown into the mix.
Despite this, the UK All Companies sector returned a respectable 75.46% over the 10 years between 9 August, 2007, the date many dub the first day of the financial crisis, and this week.
However, the differences in returns produced by the best and worst performing funds was more than 150%.
According to data from FE Analytics, the Family Charities Ethical Fund returned just 14.10% over the decade, put into sharp relief by the 277.72% return from the Slater Growth Fund.
The Lindsell Train UK Equity Fund ranked fourth best performer over the period, with Old Mutual UK Mid Cap and Royal London’s UK Mid-Cap Growth holding second and third place with returns of 248.37% and 225.83% respectively.
