Half-time scores on 2014 investment winners and losers

Traders in the ideal India fund have observed £10,000 turned into almost £14,000 in six months. Russia followers are nursing massive losses

  Photo: ALAMY

In January, investment analysts predicted a bumper 12 months for the FTSE 100. It has not materialised, with the index hovering at close to the 6700 mark.

Yet savers have continued to back fund managers who focus on British shares, handing above £2.5bn in the yr to May and generating the United kingdom the most common sector.

Returns have been far increased in other regions. We round up the greatest and worst for the 1st half of the year.

Greatest performers

Two investment areas that have been largely written off – India and gold – have shone this yr. Struggles in other emerging markets have not spread to India, where the new prime minister, Narendra Modi, has promised a range of reforms to benefit the economic system and India’s stock marketplace.

Ahead of these reforms, which contain opening India’s retail sector up to foreign investment, banking institutions and pension money bought shares, sending the Indian market place 22pc increased since the start off of the 12 months.

Jupiter India fund overall performance more than a single 12 months

Funds that specialise in Indian shares have benefited. Eight of the top 10 doing money in the first 6 months of the year invest solely in India. The HSBC Indian Equity fund (up 38pc) was prime, followed by Goldman Sachs’ India Equity fund (32pc) and Matthews Asia India (28pc). Also of note had been Jupiter India and Neptune India , the two up by 25pc. A lot more: ‘Indian stock industry at all-time higher – but it really is nonetheless cheap’

The Bombay Stock Exchange over 10 many years

Outside India, two gold money had been winners: Way Charteris Gold Portfolio returned 28pc and Smith &amp Williamson Worldwide Gold &amp Assets rose by 25pc.

These two funds have been amid the worst performers last year but have benefited from an enhancing gold price tag, which is greater because of tensions in Ukraine and Iraq.

Bond money shook off fears above the reining in of QE in America.

Worst money

Most money at the bottom of the table were invested exclusively in Russia. Shares are “low cost” in the area – in other words, their rates do not reflect the strength of the organizations, some investors say. But there are reasons for caution, this kind of as the tensions in Ukraine. Neptune Russia Particular Conditions has fallen by 15.2pc, while the Neptune Russia &amp Higher Russia and Baring Russia funds have lost 13.3pc and 9.2pc respectively.

Neptune Russia Particular Conditions in excess of a single yr

Two other Neptune money invested in China performed poorly: Neptune China lost 13.3pc and Neptune China Particular Conditions fell by 11.3pc in the very first half of the year.

Two smaller sized organization money run by Harry Nimmo have been in the red zone: Standard Daily life Uk Smaller sized Companies (down by 9.7pc) and Regular Lifestyle International Smaller Companies (9.4pc reduce). Smaller organization fund managers have suffered from investors taking profits following a excellent run. Mr Nimmo’s loss was a lot more than the 1pc typical since two of his principal holdings, Rightmove and Asos, fell heavily.

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