Japanese and Indian equities top the pile in October

The month of October saw Japanese and Indian equity funds dominate the top ten Elite Rated performers. Global markets have endured an extremely volatile year, but with uncertainty comes investment opportunities.

Japanese stocks have previously tended to outperform when both the dollar is rising against the yen and oil prices are falling, a trend that repeated itself under these conditions during October. Investing in India has become more of an attractive proposition for investors in recent years, with steps to standardise regulations and invest heavily in infrastructure key contributors, and the recently passed Goods & Services Tax bill effectively making India one unified common market. With China’s growth slowing, the world is looking to India to take up the reigns and this bill should certainly help.

Aberdeen Latin American Equity came out top of the Elite Funds, Man GLG Japan Core Alpha came in second and Schroder Tokyo in third place. Meanwhile, all three of our Elite Rated India funds made the top ten.

Top performing Elite funds during October 2016*

When it came to UK equities, Investec UK Special Situations was in first place and Schroder Recovery the runner-up, with Jupiter UK Special Situations in third place.

Top performing Elite UK equity funds during October 2016*

*Source: FE Analytics, Total returns in sterling, 1 Oct 2016 – 31 Oct 2016

The views of the author and any people interviewed are their own and do not constitute financial advice. However the knowledge that professional analysts have analysed a fund or trust in depth before assigning them a rating can be a valuable additional filter for anyone looking to make their own decisions. Before you make any investment decision make sure you’re comfortable and fully understand the risks. If you invest in fund or trust make sure you know what specific risks they’re exposed to. Past performance is not a reliable guide to future returns. Remember all investments can fall in value as well as rise, so you could make a loss.