How to negotiatethe ravages ofa falling equitymarket

Investors hoping that fund managers in the three IMA managed sectors would be able to protect them f...

Investors hoping that fund managers in the three IMA managed sectors would be able to protect them from the ravages of a falling equity market have been severely disappointed this year. Short-term equity results are weak and the outlook poor. Longer term, weak bond markets have pushed down overall returns for the most cautious funds. According to the latest IMA statistics, July was not a happy month in the Active, Balanced and Cautious Managed sectors that account for £30bn of collective investments, some 7.2% of the industry total. Retail sales in the biggest sector, Cautious Managed, we...