March was a strong month for investment firms in the logistics and healthcare properties space, as UK inflation worries subsided, according to the monthly winners and losers list from QuotedData.

Data last month had showed the UK consumer price inflation rate abated to 3.4% in February, from 4.2% in January, moving closer to the Bank of England’s 2% target.

“Green shoots have finally started to emerge in the UK property market with logistics and healthcare the two best performing subsectors in March,” QuotedData said.

It was also a strong month for investors in European small-caps, QuotedData noted, on the rising conviction that the European Central Bank will begin cutting rates soon.

“Traditionally, smaller companies are more rate sensitive than their mid and large cap peers as they tend to hold higher levels of debt, meaning any fall in interest rates is well received,” QuotedData added.

By median share price total return, European smaller companies investors were the fourth best performing sub-sector in March, below North America-focused firms, UK healthcare property and UK logistics property.

The following were the best and worst performing London-listed investment companies in March, excluding trusts with market capitalisations below GBP15 million:

Five best performing funds in NAV terms with % change:

Golden Prospect Precious Metals Ltd 16.1

Blackrock World Mining Trust PLC 13.3

Temple Bar Investment Trust PLC 9.5

Blackrock Energy & Resources Income Trust PLC 8.8

Manchester & London Investment Trust PLC 8.4

Five worst performing funds in NAV terms with % change:

Mobius Investment Trust PLC (5.3)

India Capital Growth Fund Ltd (4.2)

Downing Strategic Micro-Cap Investment Trust PLC (2.6)

Gulf Investment Fund PLC (2.5)

Jupiter Green Investment Trust PLC (2.2)

Five best performing funds in price terms with % change:

Schiehallion Fund Ltd 38.6

Golden Prospect Precious Metals 28.6

Digital 9 Infrastructure PLC 26.6

Taylor Maritime Investments Ltd 15.9

Custodian Property Income REIT PLC 13.1

Five worst performing funds in price terms with % change:

Asian Energy Impact Trust PLC (77.0)

Gresham House Energy Storage Fund PLC (33.7)

Livermore Investments Group Ltd (18.1)

India Capital Growth (14.5)

US Solar Fund PLC (14.4)

Source: QuotedData. Full details at http://www.quoteddata.com