Pragmatism delivers equilibrium for top performers in Balanced Managed sector

Seven out of 106 performers deliver positive returns in precarious peer group, though poor performance may force many to reassess risk

The Balanced Managed sector has long been a popular choice among those investors willing to tolerate an element of volatility in their portfolios, but the returns seen over the past three years are likely to result in many reassessing their attitudes to risk. The peer group has certainly had its critics in the past with a number of high-profile advisers questioning just how 'balanced' a fund that can hold up to 85% in equities really is. That said, the average fund in the sector has returned -17.78% over the three years to 27 April, according to Morningstar, which is around half the l...