2020 will hardly be the year the UK stockmarket covered itself in glory. According to data from FE fundinfo, writes Lauren Mason, the FTSE 100 index finished the year down 11.6%, compared to the MSCI World's gain of 12.3% – making it the worst-performing major regional stockmarket over the period.
Reasons for this are varied and subjective, but an index full of value-orientated and oil-focused stocks, an arguably erratic handling of the Covid-19 pandemic and prolonged Brexit uncertainty will have all played their parts. And yet, some UK equity funds have more than weathered the storm, with Gervais Williams and Martin Turner's Premier Miton UK Smaller Companies fund making it onto the list of top ten best performers in 2020 with a whopping 77.3% total return. In fact, the UK equity funds that fared best in 2020 - with FP Octopus UK Micro Cap Growth, Baillie Gifford British Smal...
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