We show here a selection of funds that might be of interest to you. They were chosen either for their recent outstanding performance, their attractive return potential or the diversification they offer given market conditions.
Top Picks of the Month
Last month was a complete reversal of what we saw in June with a significant regime shift, leading to a rebound of most asset classes.
Investors turned somewhat more optimistic than in the previous month, although the fundamental challenges for the global economic scenario remain.
The quarterly earnings season was surprisingly supportive across the whole developed countries, driving equity markets significantly higher. Growth sectors led the monthly table.
Alpha was high and well spread across all asset classes and geographies.
Global equities, ESG and thematic related funds
Within Global Equities, sustainable and environment-related strategies significantly outperformed global indices.
Federated Hermes Impact Opportunities (+6.8%), Ninety One GSF Global Environment (+6.3%) and Mandarine Global Transition (+3.8%) displayed among the best alpha generation.
Thematic funds benefited from a recovery in tech and consumer stocks, Robeco Global Consumer Trends (+3.2%) and Robeco Global Fintech (+2.9%) led the pack.
Regional equities
Alpha was also solid regionally in DM economies.
Artemis US Smaller Companies (+4.9%), Mandarine Active (+4.6%) and Berenberg European Focus (+4.3%) meaningfully outperformed their respective benchmarks.
Fixed Income
Within Fixed Income, sovereign bonds rebounded strongly across the board, and credit strategies also recorded positive performance, as spreads tightened sharply, particualrly for high yields and emerging markets.
Pimco GIS Capital Securities (+4.6%) and Federated Hermes Multi-Strategy Credit (+3.1%) posted a very solid alpha for the month of July. Vontobel TwentyFour Strategic Income (+2.1) also ended in positive territory.
All the mentioned funds are exclusively extracted from our OpenList service, a fund selection list for use by wealth managers. To access the full list and all related services, subscribe for FREE via this link.