From Morningstar:

Three UK-domiciled funds started off 2024 strong, attracting significant inflows despite macroeconomic challenges, per Morningstar data. The Five-Star M&G Japan fund pulled in over £303 million in January, coming in first among 285 funds valued at £1 billion and above.

The Four-Star Royal London UK Core Equity Tilt fund saw inflows of over £212 million, ranking second, followed by the £7.9 billion ACS World ESG Insights Equity fund, managed by BlackRock, which attracted £207.5 million.

The £2.3 billion M&G Japan strategy, managed by Carl Vine, reported a cumulative return of 34.71% over the past three years to February 2024. Despite slight underperformance, Vine provided “impressive” performance.

The £6.1 billion Royal London UK Core Equity fund outperformed the Morningstar UK All Cap TME Index and saw significant returns from its top holdings including Shell, AstraZeneca, HSBC, Unilever, and BP.

The £7.9 billion ACS World ESG Insights Equity fund experienced its best year of performance in 2023, but suffered underperformance in its initial year. The fund’s top holding includes Microsoft, Apple, and Nvidia.



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