Utilities and telecoms are being negatively impacted by interest rate environment changes, but some sectors are showing resilient economic growth, says Evan Bauman, portfolio manager on the Legg Mason ClearBridge US Aggressive Growth fund.
Reductions between 40bps and 50bps
Also makes move into active ETF market
Funds investing in Japan, Europe and smaller companies were among the best performers in 2015 across sectors, but which strategies topped the chart and who struggled?
Aimed at retirement market
Why has performance suffered this year?