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Search our sectors: September’s performances ranked
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Each month Amplify will look at the managers putting up the best numbers in their sectors over the previous month. We have created a comprehensive and searchable table, including funds, their groups and managers, total returns and their sector ranks. Find it below and use it to see where your group’s funds fared.
September was a trying time for almost every asset class. The S&P 500 was the most prominent loser, shedding 9.3% of its value in a month to forget. For many of these sectors, it’s been a case of damage limitation rather than roaring returns.
That does not mean that money was not being made. September’s standout was the ever-bearish Crispin Odey, who gained 21.5% in sterling terms on his Alternative Ucits – Long/Short Odey Swan fund – after betting big against the pound and profiting from the UK government’s ill-judged mini-Budget.
That was not the only liquid alternative fund lighting up the boards. In Alternative Ucits – Commodities, the Quadriga Investors – Igneo fund run by Diego Parrilla and Alfonso Torres bounced 16.1% in euro terms – the only fund to break even in the sector. Meanwhile, in Alternative Ucits – Managed Futures, the Garraway Financial Trends fund run by Darran Goodwin also helped itself to double-digit gains of 12.2% in euro terms.
Despite the sharp downturn in US equities, there were managers in each of the three large-cap equity sectors – blend, value and growth – which limited losses to respectable levels. The best of the bunch was in the Equity – US Blend sector, where a trio of managers – Timothy Hanna, Jerry Wagner and Jason Teed, who manage the Quantified All-Cap Equity and Quantified Tactical Sectors funds – were almost in the black, with losses of just 0.5%.
In Equity – US Value, the appropriately named Rational Equity Armor Fund gave up just 1.6% in the month, while in the Equity – US Growth category, the Marshfield Concentrated Opportunity fund was down a more bruising 4.8%, though it still managed to halve the losses of the Russell 1000 Growth index.
Use the search box in our table below to filter by sector or fund group, or any of the categories listed.
Frank Talbot is Citywire’s head of investment research
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