need suggestions for some reputable actively managed funds?

user1168934

I am looking to switch from index funds into funds that are managed actively.

Can people recommend some decent reputable actively managed funds please so I can do some research.

Are there any that specifically invest in the banking sector?

Update

As several people have asked about why I am doing this, here it is.

Interest rates are rising in the UK. They are rising even faster in the US - initially US said they will start increasing in 2023 then they moved it to June 2022, now they are kind of bringing it even closer to March. There is similar news elsewhere in the world. I think the markets are quite inflated at the moment and with the interest rates rising the period of regular growth is over.

I am not saying everything will crash and burn. I think there will be areas where there will be growth. But I think for the foreseable future the markets are going to be spikey and in generally would go down. They way to make money would be to crystallise and reinvest rather than hold. I cannot do this actively on my own so I am looking for an actively managed fund where this is done by the fund manager.

Obviously, this is just my opinion and I may be right or wrong about it. But I believe in it enough to put my money where my mouth is.

I have been investing for about 14 years but I am a newbie. For the past several years I have only invested in low cost index funds and it has been good. Before that I was investing in individual companies - I did OK but I would prefer funds for obvious reasons. I have no experience of active funds but I think now is the time when it might be worth paying the (hefty ) fund charges. I am looking forward to reasearch and explore.

So, based on this rationale, are there any funds you would recommend for me?

GeoffTF

Why would you want to do that?

jimjames

user1168934 said:

I am looking to switch from index funds into funds that are managed actively.

Can people recommend some decent reputable actively managed funds please so I can do some research.

Are there any that specifically invest in the banking sector?

As above, I'm not sure why you would want to do that. This isn't a recommendation but it is a fund that invests in banks and finance companies if that's your thing

https://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/a/axa-framlington-financial-accumulation-inclusive

Voyager2002

Just about all the actively managed funds offered in the UK are 'reputable'. You can very easily (Morningstar) find out about their past performance and some information about the sectors in which they invest. What this will not tell you is whether or not they will make you any money.

ColdIron

Both active and passive have their place, there are sectors where I would use one but not the other and vice versa, but just swapping in a broad brush manner seems a strange choice

What is the rationale behind your decision?

Prism

I would normally select and active fund where there was no equivalent passive funds or where I believed that the active fund would offer something different than a passive in that area. That is rarely about overall performance. You need to decide what it is that you are trying to achieve before then looking for a fund that helps meet those goals.

user1168934

Thanks for the replies folks. As several people have asked about why I am doing this, here it is.

Interest rates are rising in the UK. They are rising even faster in the US - initially US said they will start increasing in 2023 then they moved it to June 2022, now they are kind of bringing it even closer to March. There is similar news elsewhere in the world. I think the markets are quite inflated at the moment and with the interest rates rising the period of regular growth is over.

I am not saying everything will crash and burn. I think there will be areas where there will be growth. But I think for the foreseable future the markets are going to be spikey and in generally would go down. They way to make money would be to crystallise and reinvest rather than hold. I cannot do this actively on my own so I am looking for an actively managed fund where this is done by the fund manager.

Obviously, this is just my opinion and I may be right or wrong about it. But I believe in it enough to put my money where my mouth is.

I have been investing for about 14 years but I am a newbie. For the past several years I have only invested in low cost index funds and it has been good. Before that I was investing in individual companies - I did OK but I would prefer funds for obvious reasons. I have no experience of active funds but I think now is the time when it might be worth paying the (hefty ) fund charges. I am looking forward to reasearch and explore.

So, based on this rationale, are there any funds you would recommend for me?

coastline

Gaining ground in the last few years..
Maybe something to add to a global tracker say 5%-10% allocation if that's what you want ?

Chart Tool | Trustnet

Polar Capital Global Financials Trust PLC Ord 5P Fund factsheet | Trustnet

dunstonh

You control investment risk by changing to lower risk funds (in terms of volatility).    You dont change it from passive to managed to control risk as you can have either style at all risk levels.

GeoffTF

user1168934 said:

I think there will be areas where there will be growth. But I think for the foreseable future the markets are going to be spikey and in generally would go down. They way to make money would be to crystallise and reinvest rather than hold. I cannot do this actively on my own so I am looking for an actively managed fund where this is done by the fund manager.

There is no evidence that active fund managers can do that either, except by chance:

https://www.spglobal.com/spdji/en/research-insights/spiva/

Prism

GeoffTF said:

user1168934 said:

I think there will be areas where there will be growth. But I think for the foreseable future the markets are going to be spikey and in generally would go down. They way to make money would be to crystallise and reinvest rather than hold. I cannot do this actively on my own so I am looking for an actively managed fund where this is done by the fund manager.

There is no evidence that active fund managers can do that either, except by chance:

https://www.spglobal.com/spdji/en/research-insights/spiva/

Well that research doesn't really cover the type of fund we are talking about here, which is some form of capital preservation type fund. The ones in the Spiva reports are equity based funds, both single sector and global, but not multi-asset type ones.

Historically some active managers have certainly done pretty well during downturns although knowing which ones ahead of time is always the tricky part.