In the first half of 2020 coronavirus's cataclysm brought the longest bull market in history to its knees but stimulus has brought stock markets back into positive territory and fintech funds outperformed.

Funds investing in the fintech trend have largely outperformed the market in the first six months of the year, according to research from AltFi.

The MSCI All Word index, a good proxy for global equities, is up 0.95 per cent year to date.  
 
Funds that invest in the fintech trend have done even better.  
 
Research from AltFi shows our list of fintech funds - which include investment trusts such as Augmentum Fintech as well as active funds such Wellington Fintech, Jupiter Financial Innovation, Axa Framlington Fintech and passive ETFs such as Global X Fintech Thematic have largely beaten returns in global equities. In fact, the latter has clocked up a return after fees of 18.23 per cent. 

Public markets have been fertile ground for the fintech trend when taken more broadly. These funds are investing in very different companies from the startups and scale-ups such as Augmentum to some of the largest listed firms in the world leveraging the fintech trend eg Paypal, Visa etc. 

Read more at Altfi!

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