News and Research

News and Research

PIMCO

The US funds investors piled into in the first half of the year – and those they sold

Jonathan Jones
30 July 2026
Trustnet rounds out its fund flows series looking at which US portfolios were in and out of favour in the first six months of 2026.
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Don't judge the high yield bonds book by its cover

Darius McDermott
30 July 2026
Incongruous was the word used by a manager when I asked for his thoughts on the first half of 2026.
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US funds lose ground in FE fundinfo's Crown Ratings rebalance despite strong returns

Gary Jackson
30 July 2026
Concentrated gains in a small number of US technology stocks are making the S&P 500 a harder benchmark to beat, even for funds built around it.
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Editor's Pick

Special Report:
Investing Beyond Style with Fidelity

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With 95% of the benchmark under active analyst coverage, Christine Baalham and Tom Record focus on combining the best ideas from Fidelity's research network rather than making macro or style calls.
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Fidelity’s Christine Baalham and Tom Record argue that both the world's largest industrial gas supplier and a major US railroad are undergoing structural change that the market has not yet fully reflected in their valuations.
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With benchmarks increasingly narrow and passive allocation continuing to grow, Fidelity’s Rebecca McVittie argues that the same concentration driving recent gains introduces meaningful fragility the moment market sentiment turns.
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Fidelity Global Special Situations manager Tom Record describes how his team frames questions before each meeting, debates findings over dinner and decides whether an idea earns a place in the portfolio.
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Funds in this series

 

Fundswire

Scottish Mortgage Portfolio Update Q2 2026

Baillie Gifford
30 July 2026

Where we really are in the AI cycle

Polar Capital
30 July 2026

Banging the drum

Kepler Trust Intelligence
30 July 2026

Merlin Weekly Macro: IBM tells a tale of our times

Jupiter Asset Management
30 July 2026

What’s next for the UK markets?

Aberdeen Investments
29 July 2026

Merlin Weekly Macro: “Just how stupid are we?”

Jupiter Asset Management
29 July 2026

A series of unfortunate events

Kepler Trust Intelligence
29 July 2026

It’s a big, big world

Kepler Trust Intelligence
29 July 2026

Ashoka WhiteOak Emerging Markets Trust: three years of AWEM

Kepler Trust Intelligence
28 July 2026

QuotedData: Set fair for the future

Polar Capital
28 July 2026

Top of the Stocks: most bought and sold shares in June

Kepler Trust Intelligence
28 July 2026

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Performance Tables

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FE fundinfo Alpha Manager Ratings highlight the top 10% of all UK-listed fund managers, based on their career performance since 2000.

In an age when momentum markets are a thing of the past, it pays to know who has the skill to add real value in active management.

FE fundinfo Alpha Manager, a rating you can count on.

FE fundinfo Alpha Managers - top fund managers rated by Trustnet

Top Performing Alpha Managers
Manager name 5y (%)
George Cheveley 151.7
Stephen Yiu 137.1
Sean Peche 130.8
Lei Qiu 127.8
Philip Wolstencroft 126.3
Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.