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Thursday, August 30, 2007

10 Largest Investment Funds in the UK


Interesting article in Fund Strategy about investment fund size & performance. Normal logic is that if a fund becomes bigger because of populariy it becomes harder to run, it is more difficult to find invest the money in good value values which are often small in size.

The one exception has been Neil Woodford at Invesco Perpetual with his Income & High Income funds, who gas managed ot maintain his performance despite huge inflows of cash.

Woodford has nealy £15 billion in money invested in his funds. Huge, but as Chris Traulsen of Morningstar pointed out, the largest US funds exceed $100 billion.

Would I invest in any of the top 10 funds? Yes, a few...however I would avoid others.

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