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DFMs’ favourite UK active funds lose out to iShares

A new favourite UK growth fund has stormed to prominence within Asset Allocator’s database. iShares Core FTSE 100 ETF has become the most popular UK growth fund among the allocators we cover, overtaking funds run by Nick Train, Alex Savvides (until very recently) and Anthony Cross and Julian Fosh. The BlackRock mandate is now owned by eight allocators in our database, overtaking Lindsell Train UK Equity and JOHCM UK Dynamic, each held by seven fund houses, and Liontrust Special Situations which is held by six.That UK Dynamic fund is likely to drop further down...