Gilts is the only positive sector in February '09

Only one IMA sector saw positive returns in February, according to Financial Express. The latest re...

Only one IMA sector saw positive returns in February, according to Financial Express. The latest research found the UK Gilt sector rose 2.05%. This was compared to the Japan Smaller Companies, Japan and Europe (ex UK) sectors, which lost 14.72%, 12.72% and 9.37%, respectively. The FTSE All-Share, also stayed in the red, down 6.52%, and the MSCI World Index, which fared worse, down 9.23%. Researcher Sarah Beasley says despite the strong performance of gilts this year, their time in the best-performing spotlight is coming to an end as interest rate cuts are reducing yields. She predicte...