Analysis

Emerging Markets' troubles sock 'double whammy' to poorly performing managers, but those with cash have been somewhat protected

Climate change managers are still positive on outlook for their sector despite returns suffering somewhat in line with current conditions

Water story compelling with scarcity and questionable quality creating strong fundamentals

R&M's UK Equity manager focuses purely on FTSE 350 stocks in appalling market conditions, returning a first-quartile -25.6% in All Companies sector

HSBC's Lunt and Pakenham cite gilt value during weakened economy and market uncertainty

Sector renowned for providing protection from economic uncertainty throws up only a handful of positive returns, with Ruffer Total Return topping the group

With central banks around the world pumping money into their economies, investors could once again turn to gold as a 'portfolio optimiser'

M&G manager goes overweight credit risk for the first time in four years, citing 80-year peaks in spreads but remains underweight distressed areas like financials

Absolute Return Plus portfolio boasts rare positive numbers amid market turmoil, providing annualised returns of around 9% since launch in 2001

Developed economies are among first to enter official recession due to stronger currencies affecting exports and reliance on commodities