Despite a very challenging economic backdrop, China’s leading companies proved very adaptable in facing the pandemic, innovating ways to bring goods to their consumers and ensuring that supply chains were functioning.
The UK remains very much out of favour, with only Russia and Brazil performing worse year-to-date, and asset allocators still reluctant to look at UK equities, which are even cheaper than they were a year ago.
With Joe Biden finally confirmed as the 46th US president (Trump legal challenges notwithstanding), GAM Investments fund managers consider the possible implications for their respective asset class.
There have been multiple notable moments for markets in 2020, starting with the March sell-off, and now with positive vaccine news. Here are five funds that outperformed the rest.