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.
At the heart of the financial crisis was North America.
Sub-prime loans, CDOs and failing banks propped up by the Fed have given way to a new phenomenon, Donald Trump, and over the last 10 years funds in the North American sector have still managed to return 173.10%.
Baillie Gifford’s America Fund leads the top performers with returns of 254.47% over the decade, followed by Schroders’ US Mid Cap fund with returns of 248.39% and the Threadneedle American Fund with returns of 231.87%.
The worst performing fund was run by Legg Mason; its IF ClearBridge US Equity Fund returned just 62.19% during the period.
