All Companies - poor labelling leads to tin confusion

The UK All Companies sector is an undeniable mess and offers little scope for like-for-like comparis...

The UK All Companies sector is an undeniable mess and offers little scope for like-for-like comparisons among UK equity funds. This is certainly not a new development and has long been a concern for groups and intermediaries alike, with the former annoyed at having their funds beaten by completely different mandates and the latter having to pick from a pool of 300 portfolios with little guide apart from product names. The problem is that there seems to be little impetus to get this massive sector into a useful format. The IMA's performance category review committee has been asked to do t...