But in the last year, out-of-favour and so-called 'sin' stocks were best performersInvestors who backed technology stocks over the last decade would have enjoyed among the highest returns, according to new research. AJ Bell analysis reveals investors who invested in the L&G Global Technology fund would have seen a 466.3 per cent return on their investments since 2013. 'Unlike Bitcoin, there will be plenty of investors who have ridden the technology wave, and so this category should be viewed as the most successful mainstream investment strategy of the last decade.' Unsurprisingly, growth stocks have an 80 per cent performance lead over value since 2013 despite the MSCI World Growth Index returning -20.3 per cent last year. Last year the global ESG fund returned -13.7 per cent.
Source: Daily Mail January 28, 2023 17:29 UTC