The pace of the economic recovery in the UK has taken economists by surprise in the last year, prompting a number of upwards revisions for GDP growth.
Richard Buxton and Philip Matthews have both slipped into the bottom quartile of the UK All Companies sector on a six-month view following their moves to Old Mutual and Schroders respectively.
Investors are becoming increasingly concerned an increase in exposure to small and mid-cap stocks by UK All Companies funds could leave them vulnerable to a correction.
By definition, the Premier League is a meritocracy, because the best team finishes top, the worst ends up bottom, and it is purely measured on performance.
UK equities dipped this morning after closing at a 14-year high yesterday, with falls in commodity markets hitting miners.
AXA Framlington UK Mid Cap manager Chris St John has said now is a "good time to be cynical" as signs emerge of increasingly bullish activity in markets.