Chinese equities shine in first half, says Danish Association

The Danish Investment Fund Association (IFB) says analysis of domestic fund performance through the first half of 2015 shows that investors in Chinese equities did best, with fund returns averaging 25%.

Danish and Japanese equities funds followed as the next best returning sectors, with average returns of about 24%. Bonds were hit by rising yields, which pressured returns from fixed income funds, the Association noted.

European and global equities funds returned about 10% on average. The lowest returns in the area of equities funds came from Latin America, with funds shedding an average of -0.7%.

The volatility in yields affecting fixed income saw Danish bond funds end the period down an average of -0.5% to -2%. Foreign bond funds did somewhat better, with the best funds gaining some 2%.

Jens Jørgen Holm Møller (pictured), IFB chief executive, described the first half as “very good for equities, moderately so for bonds.”

“This is why it is good that so many of our 760,000 investors have invested in both equity and bond funds, and therefore earned money from the good equity returns over the half year.”

 

ABOUT THE AUTHOR
Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 16 years he has been based in London writing about funds and investments . From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope.

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