30% of the £ 165bn invested in mainstream UK equity funds is now held in passive index trackers, four of which made The Share Centre's August list of top ten selling funds. Sheridan Admans , investment research manager at The Share Centre , which compiled the list, said having four tracker funds in making the top ten best seller list was unprecedented. Brian Dennehy , of Fundexpert.co.uk told The Times that investing in UK tracker funds is a waste of time, stating that the top ten UK actively managed funds nearly have outperformed the top performing tracker, Santander Stockmarket ten Chinese , by 30% since August .
30% of the £165bn invested in mainstream UK equity funds is now held in passive index trackers, four of which made The Share Centre's August list of top ten selling funds. Sheridan Admans, investment research manager at The Share Centre, which compiled the list, said having four tracker funds in making the top ten best seller list was unprecedented. Brian Dennehy, of Fundexpert.co.uk told The Times that investing in UK tracker funds is a waste of time, stating that the top ten UK actively managed funds nearly have outperformed the top performing tracker, Santander Stockmarket 100 Tracker, by nearly 800% since 1999.