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Nedgroup Investments doing well

Nedgroup Investments says its Manx-domiciled Global Equity Fund has outperformed global markets over the last 12 months.

The company says the fund has seen significant in-flows, producing a return of 5.1 per cent for its investors.

Over the 12 months ending on March 31, Nedgroup says global equity markets as a whole only grew by 1.14% according to the MSCI World Equity Index.

Nedgroup Investments managing director Andrew Lodge says the figures reflect growing investor confidence and the first quarter of this year has been one of the best ever for the company.

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