UK Equity: Q3 Performance & Attribution Analysis

 

UK Active Fund Performance & Attribution, Q3 2025

Active UK equity managers have once again found themselves grappling with a tough market backdrop. Despite an average return of 11.75% across the peer group through Q3, the benchmark has proven an even tougher competitor. The SPDR FTSE All Share ETF delivered a 15.9% gain year-to-date—comfortably ahead of nearly three-quarters of the 215 funds in our universe.

For more analysis, data or information on active investor positioning in your market, please get in touch with me on steven.holden@copleyfundresearch.com