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May 22, 2024
PI Global Investments
Private Equity

Allocators’ UK equity picks comfortably beat the market

We thought we’d usher in the new year by looking at the UK equity universe. 

The headline figure in our calculations is that 47 per cent of allocator picks beat the FTSE All-Share benchmark last year, compared to just 15 per cent in 2022. 

This is all the more remarkable given the All-Share index fared much better last year than in 2022, when it returned just 1.8 per cent, giving allocators plenty of wiggle room to beat its sluggish growth. 

And it seems they’ve done a decent job of it. 

The best-performing fund held by our allocators is Artemis UK Select, which returned a solid 13 per cent across 2023.

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